Everything Jim Cramer said about the stock market on 'Mad Money,' including S&P 500 highs, Microsoft JEDI contract, consumer economy, cyclical stocks

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Everything Jim Cramer said on 'Mad Money,' including S&P 500 highs, Microsoft JEDI contract, consumer

added more than 132 points, or 0.49%, though the 30-stock average is still about 400 points off its all-time high.

The S&P 500 set a previous closing high of 3,025.86 in late July. The index bounced from an intraday low of 2,822.12 in early August, according to FactSet, to stage a roughly 7.7% gain through Monday's market end.host said. He added that a trade truce between the U.S. and China helped "a host of flailing stocks to get their mojo back.

"That's about as discretionary as it gets," the host said. "These kinds of stocks only work when the consumer's willing to spend and banks are willing to lend."Microsoft CEO Satya Nadella and Amazon CEO Jeff Bezos visit before a meeting of the White House American Technology Council in the State Dining Room of the White House June 19, 2017 in Washington, DC.

 

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