It's been a tough week, but we did get a bit of a light at the end of the tunnel moment with the February jobs report, which came out on Friday.
The U.S. economy added 379,000 jobs in February and the unemployment rate fell to 6.2% as states began lifting lockdown restrictions and COVID-19 cases declined amid improved vaccination efforts.
The data, however, triggered a renewed rise in government bond yields as investors bet on a faster post-pandemic recovery, noted TheStreet's Joe Woelfel.
Here's what Jim Cramer is watching and hint: it has to do with Cathie Wood and her Ark ETFs.
Recap TheStreet Live: Everything Jim Cramer Is Watching in the Stock Market Friday