Carl Quintanilla and Jim Cramer discuss the market volatility. Stocks swinging as they try and recover from the worst day since March. Investors going straight back to reopening plays, Carnival and United Airlines among the big winners along with brick-and-mortar retailers Kohl’s & Gap. Thursday’s big sell-off was sparked by fears over reopening of the economy and thinking it could be delayed by a second wave of cases. Houston-area officials warning they’re getting close to re-imposing its stay-at-home order. And Florida breaks its record for new coronavirus cases recorded in a single day. Shares of Boeing pushing the DOW higher. The Wall Street Journal reporting it’s pulling back on its restart of production for the 737 MAX jet. Starbucks announcing it’s going to allow baristas to wear Black Lives Matter attire and accessories after backlash. The company announcing it will make 250 thousand shirts with a design that includes “Black Lives Matter” and “No Justice, No Peace” available to workers.
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Squawk on the Street