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Jim Cramer says new Trump indictment, not weak China economic data, is reason for depressed sentiment

The indictment in Atlanta of former U.S. President Donald Trump, and not the latest round of weak China economic data, is the reason for an early struggle in the stock market on Tuesday, according to CNBC commentator Jim Cramer.

Noting that China responded to weak data with a surprise interest-rate cut, Cramer tweeted out that the market might instead be focused on the U.S. presidential race.

The…

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