Jim Cramer said on 'Squawk on the Street' that Wall Street will be focused on a crucial week for U.S. businesses even as protests have led to curfews and store closures.
some of their stores because of the protests. Many major cities also imposed curfews as some people looted retail stores. Cramer said that the protests, including one near his Brooklyn, New York, restaurant, were "antithetical" to opening small businesses.
The first week of the month is crucial for many small businesses because rent is due and "the money's going to run out soon," Cramer said. "My heart is with anybody who protests peacefully because the inequalities are pointed out once again to all of us, which is necessary," Cramer said. "But this was supposed to be the week where we find out how potent really America is when it comes to business, and I hope that doesn't go away."down about 100 points before trimming its losses and turning positive in a volatile opening hour.
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