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Inflation Report

1 GoKawiil brief on this topic

Jim Cramer urges investors to stay in market despite volatile session

CNBC's Jim Cramer said investors should resist pulling out of stocks despite a sharp selloff in which the S&P 500 fell about 1%, the Nasdaq dropped 1.9% and the Dow closed slightly lower. He cited a hotter-than-expected inflation report, swinging Treasury yields, rising oil prices tied to the Iran conflict, and mixed earnings from Morgan Stanley and ASML as evidence of the market's unpredictability.