Tuesday's volatile session bucked the trend as tech took a back seat, Jim Cramer says

Market Trends - The market experienced a shift with technology and AI stocks pulling back while broader economy companies gained [1] - The S&P 500 lost as much as 1.5% but closed down only 0.2%, while the Dow Jones Industrial Average finished up 0.4% after a nearly 1% jump [3] - The Nasdaq Composite closed down 0.8% after falling as much as 2.1% during the session [3] Federal Reserve Commentary - Federal Reserve Chair Jerome Powell's comments suggested the central bank might halt the reduction of its bond holdings, which could positively impact mortgage rates and the housing market [4] Company Performance - Strong earnings from major banks, particularly Wells Fargo, were noted, indicating potential strength in the financial sector [5] - Builders FirstSource saw a significant increase, suggesting a possible improvement in the housing market [5] - Retail home improvement companies like Home Depot and Lowe's also experienced gains [5] Economic Outlook - The current market is perceived as having become too heated, with a desire for a return to a more stable economic environment [6] - There is hope for a more conciliatory approach from the U.S. government towards China to stabilize market conditions [6]