Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber discuss the slump for stocks as the big banks report results. Citigroup, Bank of America and Goldman Sachs all reporting this morning. Profit at all three tumbling over 44%. The big four U.S. airlines, Delta, American, JetBlue and Southwest reaching a deal with the Treasury Department for portions of $25 billion in payroll grants to help weather the coronavirus. Abbott Labs announcing a new antibody test that could handle up to 20 million screenings in June. 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 surge in stocks as earnings season gets underway. Leading the charge, Johnson and Johnson raising its dividend but cutting its 2020 earnings outlook over the coronavirus outbreak. Two of the big banks, JPMorgan Chase and Wells Fargo reporting results. JPMorgan reporting a big declines in first-quarter earnings from the virus, but posting record markets revenue. Wells Fargo reporting first quarter earnings of just 1 cent as it sets aside more money for credit losses. Plus, President Trump said at the coronavirus press conference that growth in new cases is stabilizing, providing "clear evidence" mitigation is working in the country. 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 slide in stocks to start the week. Confirmed coronavirus cases in the U.S. nearing 550,000 more than any other country in the world with the death count in the U.S. from the virus totaling more than 21,000. Over the weekend OPEC producers and allies agreeing to a record oil deal that will slash global output by about 10% after a slump in demand caused by the virus. The deal is the largest cut in oil production ever agreed upon. Shares of Ford getting hammered after the automaker warned that the coronavirus has significantly impacted its first-quarter performance, including a 15.7% drop in revenue. 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 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. 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 swing upward for stocks, amid hopes that the number of new coronavirus cases is starting to decline. Confirmed cases in the U.S. surpasses 400,000 and globally over 1.4 million. Treasury Secretary Steven Mnuchin joins the "Squawk on the Street" gang to discuss the PPP loan plan. Secretary Mnuchin trying to assure small businesses by saying, "we will not run out of money." And what will the world look like after the virus? Disney Chairman, Bob Iger telling Barron's that Disney parks are considering 'more scrutiny,' temperature checks after coronavirus. Plus, McDonald's announcing its global same-store sales is down 22% for the month of March amid the pandemic. 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.