Stocks were mixed in intraday trading on Tuesday following both the Centers for Disease Control and the Food & Drug Administration suspending the use of Johnson & Johnson's ( (JNJ) - Get Johnson & Johnson Report) coronavirus vaccine due to concerns around a rare issue of blood clotting.
And consumer price inflation in the U.S. during March increased at the fastest pace in eight-and-half years as the economy began reopening from the pandemic.
The consumer price index rose 0.6% in March, higher than economists' estimates that called for an increase of 0.5%. On an annual basis, CPI rose 2.6% vs. expectations of 2.5%.
So, what is Jim Cramer watching in the markets, and what does he have to say about the FDA's pause on Johnson & Johnson's vaccine?
Watch TheStreet Live: Everything Jim Cramer Is Watching Tuesday.