Cramer Warns Stocks Face Pressure from Rates, Oil, New Offerings

Cramer warns stocks face pressure from rising interest rates, elevated oil prices, and a flood of new stock offerings. The S&P 500, Nasdaq, and Dow Jones closed lower after a stronger-than-expected jobs report pushed Treasury yields higher. Cramer highlights SpaceX's anticipated IPO and AI sector capital raises as key market pressures. He notes Apple's AI strategy shift, Campbell's weak growth, Vail's consumer spending concerns, and Chewy's morning report as key earnings events.