Jim Cramer Tries To Quell Investor Fears Amid Nvidia Selloff: 'If You Have A Market That's Been Driven By A Handful Of Stocks…'

Jim Cramer attempted to calm investors’ fears of a recession on Wednesday. He highlighted gains in various sectors and emphasized the need for an economic slowdown to prompt Federal Reserve rate cuts.

What Happened: Cramer the host of CNBC’s “Mad Money,” noted that the market’s recent performance is not entirely negative. He pointed out that sectors like health care, consumer packaged goods, financials, and utilities are showing strength.