Carl Quintanilla, Jim Cramer and David Faber discuss the jump in stocks after the Federal Reserve gave more details on how it's going to be supporting the economy amid the coronavirus pandemic. The Fed unveiling details of $2.3 trillion in programs. The Fed's announcement was enough to outweigh another massive jump in weekly jobless claims. More than 6 million Americans filed for unemployment benefits last week. Plus, Treasury Secretary Steven Mnuchin says as soon as the President feels comfortable, American companies can reopen for business.
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Squawk on the Street