The chief financial officer of Credit Suisse First Boston will leave the company, according to published reports. CFO Barbara Yastine is leaving 16 days after CEO John Mack departed the New York-based investment bank, according to Reuters.
Industrial stocks do well during worldwide growth, but a trade war with China could spell trouble, Cramer says.
Stock futures are plunging and you need more than the latest round of trade rhetoric on your radar. These are the stories moving the market before Tuesday's bell.
President Donald Trump's latest trade war threat has global stocks on the ropes Tuesday and Wall Street looking at a 400 point opening bell decline.
U.S. stock futures plunge as Donald Trump threatens to unleash a fresh round of tariffs on $200 billion worth of goods from China; the Trump administration reportedly tells Apple CEO Tim Cook that it wouldn't place tariffs on iPhones, which are assembled in China.
A trade war with China is a real possibility due to Trump's rising tariff battle with China. These stocks could be hit the hardest in such a war.