Jim Cramer Says Stimulus Doesn't Matter to 'Pure Traders'

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Stocks were fluctuating in intraday trading on Monday as investors awaited details of a coronavirus relief package from Congress and weighed reports that Brexit trade talks could collapse.

The U.S. jobs report for November showed a net jobs gain of only 245,000. This is the weakest report since May, which is paired with the ongoing rise of coronavirus infections, stay-at-home orders, and hospitalizations have underscored the need for fresh stimulus heading into the start of 2021.

Sen. Bill Cassidy, a Republican from Louisiana, said on “Fox News Sunday” that President Donald Trump and Senate Majority Leader Mitch McConnell would come “on board” with the $908 billion pandemic relief package. The plan, however, won’t include $1,200 in direct payments to most Americans.

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