Cramer's Take on Top-Searched Stocks

Updated from 7:02 a.m. EST

Most equity markets closed lower on Monday as anxious investors waited on information out of Washington on both the stimulus package and possible plans to assist banks with bad assets.

Economic news was mixed for the day. Macy's(M Quote) announced 7,000 job cuts and plans to slash its dividend. Mattel(MAT Quote), the world's largest toymaker, reported a much higher-than-expected 46% quarterly drop in profits resulting from poor holiday sales.

On a brighter note, the Nasdaq gained 1.2%, led by Microsoft(MSFT Quote) and Apple (AAPL Quote), as investors made bets that the administration's stimulus plans will benefit tech stocks. ...