This was a good day for the real economy, not-so-hot day for the AI revolution, says Jim Cramer

Market Overview - Overnight market saw speculative stocks getting heavily sold off, raising concerns about a broader market downturn [1] - Initial market opening was "hideous" with tech stocks taking the biggest hit [2] - President's antagonistic post regarding China talks erased a significant portion of the market gains [3] - NASDAQ, heavily weighted in tech, tumbled 0.76% [4] Federal Reserve Impact - Federal Reserve Chairman's comments about the economy potentially needing the Fed's help caused the market to rally [2] - The market rally was led by bank stocks, considered important for the health of the real economy [3] - The Fed is worried about the real economy, signaling more cuts ahead and a halt to the Fed's bond selling [6] - The Fed's non-stop selling of mortgage bond holdings has contributed to higher mortgage rates [7] Sector Performance - The day was good for the "real economy" but not so good for the artificial intelligence economy [5] - Salesforce stock fell 3.6% [5] - Market movement was focused on the non-data center parts of the economy [6]