What's the Deal With Trade? Jim Cramer Tackles Trump, Nvidia, and Boeing

Jim Cramer weighs in on the trade talks, why Nvidia is Real Money's stock of the day and Boeing's Dreamliner troubles.
By Katherine Ross ,

Happy holiday Monday!

With a short week ahead of us, Jim Cramer tackles the biggest headlines moving the markets.

He's weighing in on the trade talks, why investors should be paying attention to Nvidia (NVDA) - Get Report , and whether or not the Department of Justice's probe into Boeing's (BA) - Get Report 787 Dreamliner production should worry investors.

What You Should Watch in the Markets

President Donald Trump and President Xi agreed at G20 to resume stalled trade talks between the world's two biggest economies, while simultaneously pledging not to apply fresh tariffs to either country's imports.

Trump also said he would loosen restrictions on the shipment of tech equipment to China's Huawei Technologies while China, in turn, agreed to buy an unspecified amount of U.S. agricultural goods.

"The quality of the transaction is far more important to me than speed," Trump said via his official Twitter account. "I am in no hurry, but things look very good! There will be no reduction in the tariffs currently being charged to China."

So, taking a look from a grading perspective, how did Trump do? Here's what surprised Cramer.

Real Money Stock of the Day: Nvidia

The semiconductor space is rocking and rolling Monday. 

At the open, Nvidia was up marginally. 

But, following the meeting between President Trump and President Xi and Trump's softening on Huawei, what does this mean for the sector? 

Boeing's Dreamliner Trouble

Boeing is once again in the headlines, and it's yet again not for a good reason. 

The Department of Justice is reportedly looking into the production of Boeing's 787 Dreamliner. The Dreamliner's production takes place at Boeing's South Carolina plant. 

However, there is no tie to the probe into Boeing's 737 MAX jet at this time. 

The news comes after the Federal Aviation Agency announced that it had found a "potential risk" in the 737 MAX's software.

Is this the killing blow for investor sentiment?

Related. Jim Cramer: There Were Huge Surprises at G-20

Trump and Xi Agree to Trade Truce: Everything You Need to Know

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