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U.S. stock market is freezing in many areas, but not time to leave, variable could reshape market

Large parts of the U.S. stock market and funding markets have effectively entered a frozen state, leaving many stocks struggling, CNBC reported, citing Jim Cramer. He said high interest rates, geopolitical uncertainty and political factors are slowing activity and that investors should not rush to exit the market. Cramer pointed to a weak housing market, slower IPOs and mergers, and potential headwinds for data center investment. He said the backdrop could quickly improve if a war ends, easing oil prices, inflation and the risk of further rate hikes.