later in the quarter as the COVID-19 pandemic improves. "I like some stocks here now, and I like some stocks later, but I sure don't like most of the market," Cramer said.The Dow fell further to be about 900 points negative for the day, trading around the 21,000 level. The S&P 500 fell 4.25% and the Nasdaq dropped 3.8%. New York Gov.
Analysts have warned that falling oil prices will lead to a wave of consolidation or bankruptcies in the U.S. energy sector, and the Street got its first taste of what could be to come when U.S. shale producer Whiting Petroleum filed for bankruptcy on Wednesday. "The oil patch is falling apart ... This is the other bomb that's dropping," CNBC's Jim Cramer"I think they're the first of many," he said in reference to Whiting's bankruptcy filing.
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