Squawk on the Street

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer & David Faber discuss the volatile week on Wall Street. Retailers reporting results as investors continue to watch how the reopening of states is going. Shares of Lowe’s jumping after reporting strong results, same-store sales increasing for the first quarter. Target also out with earnings, saying a surge in digital sales fueled a big increase in same-store sales. Vaccine experts are questioning Moderna’s Covid-19 data saying it leaves some big questions. Plus, David Faber’s reporting on Forescout technologies accusing Advent of violating its merger agreement after the company put the acquisition on hold. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer & David Faber discuss the pullback for stocks with the Dow sinking more than 100 points following yesterday’s 900 point surge. Investors closely watching today’s Senate testimony from Fed Chairman Jerome Powell & Treasury Secretary Mnuchin. Plus, retail in the COVID-19 era, Walmart reporting a 74% surge in e-commerce sales, and Home Depot reporting a hit to profits amid rising coronavirus costs. And David’s latest reporting on Softbank’s plans to sell part of its stake in T-Mobile. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the big Monday morning rally. Stocks surging as Moderna reports positive data on an early-stage coronavirus vaccine trail. Shares of Moderna skyrocketing 30% after it said dose-dependent increases in immune responses were seen across three different dose levels, and that the treatment was generally safe and well-tolerated. Plus, an optimistic Federal Reserve Chairman Jay Powell giving investors hope. On CBS’ “60 Minutes” Chairman Powell said GDP shrinkage could in the 20s or 30s, but he doesn’t see the economy entering another Depression. He also said that the country will get to “an even better place” than it was before the coronavirus hit, and that it “won’t take that long.” David Faber reports on the possible Uber, Grubhub deal. Plus, shares of Disney surging to start the week. The company announcing it will reopen part of the shopping area at its Disney Springs resort in Florida on Wednesday. The company will be implementing a variety of safety measures, including masks and contactless payment options. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer & David Faber discuss the fall in stocks on the back of a record plunge in U.S. retail sales. Investors also keeping a close eye on rising trade tensions between China and the U.S. The Trump administration moving to block semiconductor shipments to Huawei. The Commerce Department said it would “strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.” China biting back, the editor-in-chief of Chinese state-run publication Global Times, tweeting that China would “restrict or investigate” U.S. companies including Qualcomm, Cisco Systems and Apple if the U.S. takes further action against Huawei’s supply chain. The New York Stock exchange announcing it will be reopening its trading floor after Memorial Day, with changes. NYSE President, Stacey Cunningham joining the “Squawk on the Street” gang on her reopening strategy and precautions in the era of Covid-19.Plus, shares of J.C. Penney were halted, people familiar with the situation telling CNBC, J.C. Penney’s advisors are working on a bankruptcy filing that could come as early as Friday morning. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the big hit to stocks after jobless data underscored the coronavirus’ devastating toll on the economy. New claims brought the Covid-19 crisis total to nearly 36.5 million job losses over the past two months, by far the biggest job losses in U.S. history. A record 20.5 million jobs were lost in April alone. On the vaccine front, Novartis CEO saying it may take until the end of 2021 before getting a vaccine. The CEO writing an op-ed published in Switzerland’s Handelszeitung, “The ultimate way to deal with this pandemic is likely to be a vaccine against Covid-19… That will take more time – my guess is about one and a half to two years.”Plus, the CEO of Abbvie joins the “Squawk on the Street” gang to discuss covid-19 treatments, vaccine development and the road ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.