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Stock impact report

Jim Cramer On Dover Corporation (DOV): ‘Main Thing Is It's In The Data Center' [Yahoo! Finance]

Dover Corporation (DOV) 
Last dover corporation earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
On Monday, Jim Cramer of Mad Money took a closer look at the market's recent movements, reassuring investors that rising bond yields shouldn't cause excessive worry. He noted that bond yields have surged significantly since the Federal Reserve cut rates last month, a trend that might seem counterintuitive. Cramer acknowledged that bonds were behind Monday's “ugly action in the big caps”. The Dow fell by 344 points, the S&P slipped by 0.18%, while the Nasdaq managed a slight gain of 0.27%. Cramer emphasized that while bonds play a crucial role, they aren't the sole factor influencing the market's performance, despite what some may claim. He expressed his frustration with those who panic at the sight of rising interest rates, suggesting that such reactions are misguided. Cramer pointed out that the stock market has experienced a remarkable rally. “The stock market has had a fabulous run, even as bond yields have crept up almost the entire time. They love to ignore that glaring fact Show less Read more
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