now let's get back to cnbc hq and more of the headlines this morning. for that, we go to frank holland. >> we begin with a warning from the fda saying there is early data that suggests abbott labs rapid covid dying not tick tests may deliver false negative results. the fda is still evaluating data and in direct communication. the abbott tests still can be used to identify positive cases. shares now lower on the news boeing ceo david calhoun trying to smooth over relations with carriers sources telling cnbc a high-ranking executive at united and another both complained about comments theater going, may have to let it go. disney is shutting down the production of frozen for good making it the first broadway show to be canceled. the show already the weakest of disney musicals which included the lion king and al aladi i'll spare you my rendition of "let it go." >> new york state starting to reopen today but you wonder when will broadway come back. thank you very much. >>> now to the question almost every investor seems to have with 36 plus million americans

welcome to "squawk box" on cnbc. i'm becky quick along with andrew ross sorkin last week was the first time in three weeks all the major leading higher nasdaq back above 9,000. nasd

>>> it is 5:00 at cnbc and here is your "top five at 5. discussing the human cost of reopening and others saying the economic cost of staying close is too high. >> and revealing another $3 trillion stimulus plan nancy pelosi speaking about the proposal >>> shut down through the fall drastic measures being taken at the nation's largest four-year university system. >>> retail post pandemic getting perhaps even grimmer as another department store set to announce bankruptcy >>> taking on the fed. druckenmiller calling out the fed. it is wednesday, may 13. you are watching "worldwide exchange" here on cnbc good morning, good afternoon, good morning welcome. i'm brian sullivan thank you for spending your time with us here on cnbc it is a big news day from wall street to watch. futures are basically flat, slightly higher. it could change. it is early. the dow closing down another 450 points yesterday for the second straight day of losses the nasdaq finally snapping a six-day win streak falling more than 2% on the day yesterday, futures basically

thank you so much. >> thank you for watching cnbc "worldwide exchange. dow futures are up sqwkeaua tm picking it up after the break. i'll see you tomorrow. have a great week. take care. low sugar. so good. high protein. low sugar. mmm, birthday cake. pure protein. the best combination to help you stay fit. >>> good morning futures pointing to another higher open this morning the last couple of days some solid gains. drivers of this straight ahead >> cnbc invest gates where the wealthy have stashed more than $300 billion more uncovered from a billionaire's high-stake divorce. we have more coming up. >>> good morning welcome to "squawk box." i'm becky quick with joe kernen and andrew ross sorkin we are seeing stronger numbers today. dow up by 200, nasdaq up by 83 yesterday's gains gave back at the end of session dow up by half a percent an appointment. s&p up and nasdaq up by 1.13%. the market did give back

welcome to "squawk box" on cnbc.becky quick with andrew ross sorkin last week the s&p ended the worst week in two months but the dow managed to end on friday even higher after it was down 270 points this morning things are looking up dow futures indicated up by 260 points s&p futures up

poll is that the next cnbc will be the worst poll, you can't pick and choose.

this is "worldwide exchange" right here on cnbc >>> good morning, good afternoon, or good evening, welcome to wherever in the world you may be watching. i'm brian sullivan the question is this, will the second trading day of the month be better than the first right now it certainly does not look like it dow futures are off about 240 points the dow opening the month on friday, losing more than 600 points it was the nasdaq hit harder big technology down over 3%. apple, amazon, the big names you know disappointed some investors. although it's not gone negative again, oil is a big risk to the markets and investors as well and crude oil is down again. that is that june contract it's higher as you look out july and august right now oil down as well as we have reported often over the last week or so, just a reminder, even as demand stays low and supply stays high, there's about 40 plus million barrels of oil in ships at sea still on their way to the united states two ships have actually arrived. one in long beach, one in the port of galveston, houston right off galveston, texas according to tanke

welcome to "squawk box" on cnbc. i'm becky quick with joe kernen and andrew ross sorkin looking at the rally of the dow. the s&p the highest since march 6. dow indicated down about 175 points last i looked you'll see it is down about 172 right now. this comes after a crazy week. we are talking about some major moves we've been watching. monday, we started out with the market up more than 900 pointsment

>>> it is 5:00 at cnbc global headquarters 5:00 p.m. in hong kong beijing cracking down on hong kong that may crack down on that city's freedoms. we'll talk about the future of travel in the post pandemic world. the ceo of airstream will join us oil has made a remarkable bounce ceo of natural resources, our exclusive conversation with him. plus insider buying, our friday segment. we are seeing the most bullish that we have seen in months. one company insider buy. it is not a name that we talk about. we'll name that name and 13 million reasons he is optimistic on his company's future. friday, may 22 you are watching "worldwide exchange" on cnbc. >> good morning, welcome from wherever you may be watching we made it to another friday great to have us here it seems interesting here memorial day seems early this. stock few you ares down about 170 points seeing a little weakness here. markets seeing a relatively mild day. huge up on monday, down half on tuesday. gain some of them back for wednesday. lost it yesterday. really has been a roller

that's coming up here on cnbc. >> welcome back.t is just about 5:30 on a thursday morning i'm brian sullivan here is how your money and investments look just about half way through the 5:00 a.m. hour stock futures are up more than 100 points dow up more than 4.5%. small caps up more than 8% this week we've seen a lot of money come in to equities because of the shortened week nasdaq and technology is the one sector to watch. they have been underperforming the rest of the market something we have not seen a lot of the last couple of years. at the beginning of the show, we asked you if you could not name or guess the single performing stock. the name that has gained 28% guess what, the gap. the clothing retailer stock has gained 28% only since tuesday. it is on the rise again this morning. investors are not dancing, you probably lost a lot of money in your stock in the last few months a remarkable sign we have seen in the short coming. gap and many of these other stocks sort of the reopened type names have really rallied over the last

for joining us here on cnbc. here is how your mand investments look now stock futures are back in the green. futures indicating a jump of about 270 points averages coming off the first down day in three yesterday with the dow closing down nearly 400 points and 1.5% move down. markets in turmoil yes, we still got them any emphasis around a potential vaccine in coronavirus and potential treatment. there are two big stories you have to watch. one of which has to do with moderna. after dropping more than 10% yesterday. stat news suggesting that vaccine experts are calling into question moderna's handling of results. suggesting scientists need to see more data on the company according to the report, moderna shares fell yesterday. that is a story you'll hear on cnbc maybe the big stock story is wells fargo. down another 6% yesterday. they are now down 55% so far this year losing more than half their value. concern about millions of americans not paying their mortgages. wells fargo important from a mortgage level but al

you are watching "worldwide exchange" here on cnbc >>> good morning, good afternoon, good evening. welcome. i'm brian sullivan thank you for joining us on this 75th anniversary of ve day 1945, world war ii and europe ended. looking at the market and your money. setting up their thursday morning. we are seeing futures with potentially a rebound in gain. getting to more on that in one second this would also regain like we said what we lost yesterday. up nearly 3% this week alone weekly jobless claims are out. they are expected to show another $3 million americans have filed for unemployment. we are nearing 30 million people out of work. markets won't move on that it is widely expected. obviously a difficult number to hear we have breaking news on united health the health insurancer announcing it will provide $1.5 billion premium rebates. joining many auto insurance companies offering rebounds as people are simply not consuming their products right now we'll get to more of that story right now. all of asia is back to work and business there was a pretty big surprise in some chinese ex

stick with cnbc. . >>> welcome to "worldwide exchange."here are your top "five@5" as another american investor starts on trials. getting people out and shopping at retailers again a new warning from the w.h.o. to countries enjoying a decline of covid cases. unrest in hong kong. china dropping the hammer on free speech. the u.s. threatening retaliation. >> no luck f

>>> it is 4:00 in chicago and 5:00 at cnbc headquarters. will the tech rally loose some steam? we'll dive in. investors continue to focus on the efforts to restart the bulk of the u.s. economy, even as the number of cases continues to grow >>> outrage at united airlines after a viral tweet of a jam packed booking >>> elon musk ordered to keep his freemont factory closed. >>> and boeing ceo on the record about the future of his company and whether all carriers will ultimately survive it is tuesday, may 12, this is "worldwide exchange" here on cnbc >>> good morning, good afternoon, good evening. welcome. i'm brian sullivan thank you for spending part of your tuesday with us a look at your money and markets. stocks coming off a mixed session yesterday, the dow down 109. the nasdaq higher again today. nasdaq 100, if you are counting at home is now just 4% from its all-time high. we are going to show you how that stacks up against other global indices and we'll show you how the united states is still a haven. starting again with the global consumer we are getting more and more signs

stay tuned, you're watching "squawk box" right here on cnbc.ere's the thing about managing multiple clouds for your business. when you've got public clouds, and private clouds, and hybrid clouds- things can get a bit cloudy for you. but now, there's the dell technologies cloud, powered by vmware. a single hub for a consistent operating experience across all your clouds. that should clear things up. >>> welcome back to "squawk box. let's take a look at futures we look like the dow will open down 222 points right now. the s&p 500 if we opened up would be off by 20 points. nasdaq would be off by 41 points want to bring you some headlines. this one is going to have a lot of people talking in hollywood and wall street. elliott management now reportedly financing a patent lawsuit against quibby "the wall street journal" reporting that the hedge fund will fund a lawsuit brought by interactive video company echo which is accusing quibi of violating patents and i don't know if you've downloaded quibi to check it out but one of the technical features, wh

cnbc will be gathering health care leaders at the center of the fight against the coronavirus for an interactive virtual event on tuesday, may 12th learn more and register at cnbc events.com/healthyreturns. we are back in two minutes this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. our retirement plan with voya gives us confidence... ...we can spend a bit now, knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. i'm good at my condo. well planned, well invested, well protected. voya. be confident to and through retirement. featuring the emmy award-winning voice remote. all the apps you love, including netflix, prime video, youtube and hulu. and the most 4k content. the best entertainment experience all in one place. so we're working 24/7 toected maintain a reliable network, to meet your growing internet needs. we're helping customers who are experiencing financial difficu

welcome to "squawk box" here on cn cnbc

welcome in our guest and cnbc contributor. good to chat with you good >> good morning. >> good morning. you heard jay timmons talking about that is there any investment play if supplychains come back to the states is there any theme around that or is it too broad >> probably too broad. i think you can do that at the really granular level. you could look industry by industry and say, does this make sense to return. we are invested in taiwan semiconductor. maybe you can look at opportunities like that. i don't know at the level right off the bat those opportunities there. it will be there for sure. >> for enlisted companies that get the benefit of the warm, fuzzy u.s. feel when they announce the factory there i don't know if you heard about this, the dow went up 900 points was that a major turn or a one-day pop because we had some positive data around vaccines and new numbers around the virus? >> we thought about this if you reflect back to maybe six weeks ago, the market was up and faded about 5% in the following days this ulti

i'm a big fan of this cnbc sign.ody to make one for me >> i know somebody i'll get you a slate and we'll get it done. >> i'm in the market dow futures indicated up by 363 points this comes after a gain of 529 points yesterday s&p futures are higher, so is the nasdaq wti a bit lower this morning the gang on "squawk on the street" is here to pick things up we will see you back here tomorrow see you later. ♪ >>> good afternoon i'm carl quintanilla with jim cramer and david faber we are looking for an extension of tuesday's rally as more lifting of lockdown on restrictions are met can continued policy support from the europeans, the japanese. nasdaq within about 5% of its all-time high and oil is down about 2% art cashin says there is a bit of a stall here. what do you think? >> there's

friday may 8 you are watching "worldwide exchange" here on cnbc >> good morning, good afternoon, good evening welcome from wherever you are watching i'm brian sullivan i think i speak for all of us as a say tgif stock futures are up 270 points right now. perhaps the market knowledge of the day, for some reason, if you tuned out yesterday. we have some gains the nasdaq is now higher on the year hard to believe given all that is going on across the country it is true with yesterday's gains that the nasdaq is now positive the more condensed version is up 4% this year it is really the big five technology names you know. apple, google, microsoft, facebook are up on average 10% despite concerns about consumer spending on advertisement. google and microsoft are up. improving is the work from home and stay-at-home stocks. zoom, netflix, paypal have all soared since january not just a bullish story this morning. worldwide we are seeing optimism there. trade talks lifting those markets. all the major indices lifting higher japan jumping 2.5% the markets in the uk are trading largely in the gree

stay with cnbc - communities of color have always been underrepresented in the u.s. census.at means less federal funding for schools, hospitals, libraries, and other public services for diverse communities and less representation in congress. this year, it's critical that you participate in the 2020 census. it's safe and confidential. let's make sure everyone is counted in our community. for more information, say "census 2020" into your x1 voice remote, and to participate, go to census.gov. >>> it is 5:00 a.m. in washington here are your top 5 at 5:00. the markets are looking at dire outlook from jay powell. there are nearly 300 points. could consumer spending be a little better than many people think? retailers such as home depot, walmart, target and tj maxx set to report, and we'll chat with about simon on what to expect from their numbers. >>> open for business. south carolina coming off its first ek

cnbc contributor really one of the founders of cnbc you're a visionary, tom.s your latest vision. your first vision, there is a market for business news are you sure no, no, it's been very -- >> i don't know, joe that's still an open question. >> i don't know whether to trust you on this or not from your record no, that was great and we -- you know, we love that you were involved with all of that. so i think you need to explain not only what this new venture is going to do but also the name, which i think is the name. the eng. not just engine. it stands for something. >> it does, just like cnbc stood for something, which is a great trivia question. but starting with engine e for esports. n for news streaming and g for gaming and what that signifies is this is a company that is about creating new sources of revenue for sports and news programming, and cnbc being a news channel, it should be close to your heart. as entertainment programming goes to the streaming world, netflix, hulu, et cetera, sports and news programming are particularly vulnerable to cord cutt

cnbc reports the facility will open with limited operations. an email sent to employees indicates 30% of staff will be on site. it's not clear if alameda county authorities will try to intervene although the sheriff's office did tell reuters the governor's orders should supersede county restrictions. our bob redell is there. he'll have a live report at 5:30. >>> meanwhile, three bay area counties will partially reopen, napa, sonoma and solano. you can see them in the yellow. the bulk of the bay area holding fast in phase one, not moving ahead to phase two. the governor's latest order is leaving a lot of business owners wondering if they're good to go. "today in the bay's" kris sanchez is live for us to provide some clarity in all of this. kris? >> reporter: well, hi there, marcus. if only i could do that, right? we're here in san jose at hill's flowers planning on doing delivery. they were hoping they might be able to do curbside pickup as well. now we know that is not going to happen.

rahel solomon is there at cnbc hq with that >> good morning. from japan to canada, australia to norway and even madonna world leaders pledging some $8 billion to help with the vaccine research after participating in a three-hour research call president trump skipping the chance to contribute the white house says the u.s. is pouring billions into its own research efforts united airlines intends to shrink management by at least 30% starting in october according to a memo sent to the employees as the pandemic continues to wreak havoc cuts amount to 3,000 people. united up pre-market slightly above 2% >>> shares of starbucks higher after the company plans to reopen 85% of u.s. stores by the end of this week starbucks initially will not allow diamond service but will allow for pick up and deliveries it expects to have 90% of stores open by june i've seen barristas will meet you ought the door i do appreciate that >> we do need our coffee i have one in my kitchen that works out. >>> reopening and restarting economies around the country is the most im

welcome to "squawk box" on cnbc. i'm becky quick with joe kernen and andrew ross sorkin looking at the rally of the dow. the s&p the highest since march 6. dow indicated down about 175 points last i looked you'll see it is down about 172 right now. this comes after a crazy week. we are talking about some major moves we've been watching. monday, we started out with the market up more than 900 pointsment back up on tuesday, wednesday and this morning, dow indicated down about 170 right now. s&p down 21 and nasdaq down by 58 just 4.5% from its all-time high more about what it has been doing well >> the nasdaq 4, 6 or whatever you don't call it the nasdaq 100. it is concentrated >> i heard brian sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10% higher or more for year to date not the full year but year to date what we've seen this year >> broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. not a total surprise

you are watching on this wednesday, may 27, 2020 on cnbc. good morning welcome from wherever in the world you may be watching. i'm brian sullivan thank you for starting or ending your day with us on cnbc it is turning out to be quite the holiday shortened trading week futures are up again right now session highs. nasdaq also up about a percentage level about the same. dow futures have been gaining ground since opening up in the red following yesterday's big stocks move higher squarely focused on two things number one, the hope around the vaccine and the optimism around the rebound as more move forward with their opening plans d.c. targeting next week, parts of long island opening today. sooner than many had expected given earlier concerns the case of new growth rates and hospitalizations have come way down even those who get sick tend to ride it out and recover. powering stocks today and yesterday. the dow and s&p are double digits away from the highs a long way to go from those indices. nasdaq up. that's something we'll be watching today mo

request an invitation at cnbc events.com/healthy returns watch coverage all day here on cnbc >>> coming up, new data on what investors have been doing with rear tirement accounts futures right now are positive oil is up almost 5% on the saudi news we look at some images of the pandemic's impact yesterday from across america coming right back. derek, seems like your team is operating just fine remotely. yeah, everything is running smoothly with the now platform. (bling) see, incident resolved. how did you... gotta enjoy the small wins. you keep being you, derek. keep being you. >>> long term investors are taking even a closer look at their retirement accounts. after a month or two ago, joining we now >> good morning. after the initial market turmoil, people seem to be doing exactly what financial advisors say they should be with long-term investments. that is setting a strategy and staying the course in april, daily trading in 401 ks was about three times less than it had been in march. tracking about $2,000,401 k accounts only three above normal trading days in april compared to 18 in m

aner when cnbc "squawk box" continues eighty dollars. a hundred dollars.ad good health insurance. why isn't this covered? well, then they started getting bigger. eight-hundred dollars. eighteen hundred dollars. i saved for this. but not that much. i'm glad i had aflac. they gave me money when i needed it most. that's why aflac is here, to help with the expenses health insurance doesn't cover. i love that aflac duck. aflac! get to know us at aflac.com we hope you find our digital solutions helpful to bank safely from home. deposit a check with your phone or tablet. check balances, pay bills, transfer money and more. send money to people you know and trust with zelle. stay safe. stay home. together, we'll get through this. pnc bank confident financial plans, calming financial plans, complete financial plans. they're all possible with a cfp® professional. find yours at letsmakeaplan.org. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad becau

it feels like we are going back to october i was there covering the protests for cnbc. the world had not heard of covid-19 at that moment. at that particular time, hong kong and that growing flairup was seen as the biggest global risk along with the trade war, you think it still may be. explain. >> as mentioned in the preview, the status that hong kong has is unique goods can transfer through without needing tariffs. there is a fair bit of fnt exposure and real estate exposure we are seeing trading in a mixed picture. because if you do get this, let's say tension boiling up to an escalation, so to speak, when the u.s. would impose this sanctions, they are going to get capital flight that is the biggest risk here at this moment. >> does it seem like, ben, to you in some ways, we are dealing with a global pandemic that when we get through this and we will, some of those existing problems between that increasingly fraying relationship, they will still be there to deal with but the market doesn't seem like this that it cares very much >> indeed, it doesn't care much now bec

so call me at 1-800-743-cnbc tweet me @jimcramer. >>> sometimes it's as simple as looking under the hood and find out what's working we created the cramer index. we wanted to capture the zeitgeist thf market while the averages were all over the map today, nasdaq gaining .78%, what happened? the covid index shined not unusual. it was up 1.7% dow gained 6% since we created in april, leaving the dow and the s&p in the dust. the reason because when it comes to the pandemic, the components of the cramer covid-19 index are part of the solution, they're not getting hurt, they're helping. and that's a big difference versus much of the s&p 500 we have a lot of stocks that are coronavirus road kill. let's take a look just to be able to show you what i'm talking about when i say the zeitgeist. why don't we take the top ten performers once we started i want to show you how the $11 trillion index captures the market peloton interactive, people think that's -- interactive is cool like this 90% of the float sold short. but this maker of connected exercise machines is a perfect fit for the stay-at-home

cnbc's senior markets commentator mikesantoli.ene, let's start with you do you think there is risk to these stocks because of more regulatory oversight >> becky, the simple answer is highly unlikely. while this is far from over, this will take years, if ever, to sort itself out as i really don't see risk at the core, the korean is that what is at the ultimate center of all of this is trying to arbitrate truth. truth in fact is the truth about truth is virtually impossible. someone could look at the sky and say it's blue. someone else could say that based on some of their -- the way they see things it's not quite blue the point is is that they need regulators in order to actually have an impact on twitter and facebook's business, need to come to some sort of agreement about how to legislate that. i think that's impossible. what's the bottom line we're far from over but highly unlikely this is going to impact twitter and facebook >> let me just ask from the perspective of if the rules are rewritten and social media companies are now

you are watching "worldwide exchange" on cnbc. good friday morning.me back it is 5:26 dow numbers down 460 points as we are about half way through the 5:00 hour. the president threatening new tariffs on china for punishment or retaliation on what he views is their role in the pandemic. he believes part of this may have come from a lab in wuhan. stock futures are down 466 after the major averages coming off their best month in 33 years the nasdaq with its best month coming off their biggest month since 2000 seeing weak i foerch sales globally ceo tim cook pulling in with other companies pulling in guidance saying he has great confidence in the long continue term confidence of apple's business in the short term, it's hard to see out the win shield to see what the next 60 days looks like amazon seeing a surge in sales the outlook of their money hitting stocks this morning. if you are, quote, a share holder in amazon, you may want to take a seat the company plans to spend all the second quarter profit estimated at around $4 billion on its response to the

to the lowest level in nearly three decades while service in spain and france sinks further telling cnbc there is still a long way to go >> we are not out of the pandemic we are gradually exiting the lockdown we have not yet reached the point we can return to normal. >> tentative trade with autos extending decline as bmw warns the pandemic effect will last longer than anticipated. >>> the german hospital operator flags increased demand for drugs and devices. telling cnbc they are prepared for a second wave. >> we are working very closely with the authorities to make sure we have flexibility in termts of our ability to react should there be a second wave as the measures are released. >> a frozen dividend for disney. the media giant cancels a payout as it takes a $1.4 billion hit from the paepd but makes plans to reopen in shanghai next week. >>> the uk becomes the worst hit country in europe overtaking italy as the death toll crosses 32,000 the government grapples to get a time line for the exit from the lockdown >> a warm welcome to "street signs. let's kick off with fresh data this is o

right here on cnbc.e futures rite now we are in the green in a big way. all on the back of that news about some vaccine development propelling the markets higher. also the reopening images over the weekend and so many people that seemed to be out and about. but do check out shares of gilead sciences. its drug remdesivir is effective at helping covid-19 patients recover more quickly that's according to a peer reviewed data published in the new england journal of medicine. recovery time was cut by a third compared to patients receiving the drug compared to those given a placebo. hertz, the car rental company filing for chapter 11 bankruptcy protection over the weekend. this is after talks with its creditors was unsuccessful a big amount of their income comes from rentals at airport and that has been decimated by travel restrictions. >> yeah, andrew, just another one of those issues that maybe if you hadn't drawn out the dots becomes clear to you just how many other businesses rely not only on people travel

quick reminder for you, you can always watch us or listen to us live on the cnbc app stay tuned cnbc right back with lloyd blankfein. box. want to get back to our special guest, lloyd blankfein is joining us, former ceo and chairman of goldman sachs. here's where i want to go with you given the conversation you were having before i want to talk about what the other side of the pandemic may look like in terms of business and the reputation of business because you lived through the bailouts of 2008 you took money from the government we can debate whether you were forced to or had to or what not, but the bigger issue is how you think the public is going to look at this later and to some degree whether you think the goalposts have already moved in so far as when ppp program was first announced it was take the money, go get the money, and a week later, there was a shift in let's return the money because we're going get tarred and named and shamed >> i think people should be very -- big companies should be very reluctant to take government money in the moment, you pass legislation. your fo

here on cnbc.. >> thanks, joe it is such an important organization our good friend russ moore runs it on monday morning the founder of robinhood paul tudor jones will be on "squawk box. we'll talk about robinhood and he was the first to tell us about the potential impacts of the pandemic back in january and came on our air and was quite bullish in the midst of some of the worst weeks during all of this we'll have a full conversation with him on monday >>> when we come back, dr. scott gottleib will have the latest on the battle of covid-19 the ceo of uber is going to be our guest. we'll find out a lot from him. he has data all across america as things try to reopen. plus, we'll be count iing down the april jobs right it will hit 16%. some say 20% you don't want to miss any of it we're back in a moment clean is a feeling. it's the simple joy of washing your hands, without ever touching a faucet. it's the little things that matter. that's why we create moments to feel kohler clean, every day. ♪ confid

so call me at 1-800-743-cnbc tweet me @jimcramer.

big news out of cnbc parent comcast crossing over the past few hours. the universal park in florida taking a big step to reopening within days. julia boorstin joins us with more on that >> universal studios which as you mention side owned by cnbc's parent company getting approval to reopen its orlando park for the orange county tack force universal is proposing bringing employees back on june 1st on june 3rd it would open for limited capacity for annual pass holders and opening up for the general public with limited capacity june 5th and there's no word yet on how the park will limit attendance it will take everyone's temperature and will implement social distancing measures and universal studios telling us, quote, we look forward to approval from mayor demings and we look forward to confirming dates with the preview dates in general public opening orange county mayor demings says he plans to discuss the reopening plans with the governor likely tomorrow morning and disney tells us, we reached out to them and they tell us they don't have an update on the

for the latest updates go to cnbc.com and the cnbc app. >>> what a hideous day for averages let's focusgenetics with a stock that's up nearly 30% for this year, including a 6% gain today. here's a biotech company with a platform that uses antibodies to seek out and destroy cancer cells without causing a ton of collateral damage to the rest of your body. their first product is a lymphoma treatment that was up 22% in sales in the latest quarter. but the big thing is their two new therapies, for ballader cancer and a cocktail for certain types of breast cancer, a cocktail like what dr. fauci has been talking about to go against covid. seattle reported yet and didn't get much fanfare this product was expected to do $8 million and it did close to $35 million. that's encouraging this is exactly the kind of stock that works during a recession. it's been an amazing stock for a long time. let's take a closer look we'll talk to the prt, chairman and ceo, doctor, welcome back to "mad money." >> thank you very happy to be on your show. >> how is it possible that a drug -- i saw some estimates 7 mil

i am frank holland at cnbc headquarters. wall street will try to extend the gains from yesterday to today. it closed above the 25,000 mark for the first time since early march on continued optimism over the gradual reopening of the economy. however, in focus today, information on how many filed for unemployment benefits last week. auto news, honda will recall 1.4 million vehicles around the world, and it includes 160,000 vehicles in the u.s. and toyota had a similar recall earlier this year. with millions of people out of work, here are some of the most in demand temp jobs right now. these are positions companies are looking to fill over the next month. warehouse workers top the list, and that includes forklift operators and packers and that is followed by sanitation workers, and food process, construction and manufacturing all round out the top five. those are your cnbc headlines. kari hall, back over to you. >> thank you, frank. let's head to martinez and check out our temperature trend today. we will start out cooler here

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. let's get right to the markets it had been a banner april for stocks s&p and the dow closing out the best month in 33 years, the nasdaq the best month in 20 years. let's put this in context. it took a tumble in less than six weeks and then rebounded 36% of the lows from april yesterday. the s&p down 34% from february 19 to march 23, less than five weeks. crazy to think about how quickly that fall came then we were back up 30% off the low for april. joe? >> if you used april then i could get to 82 years i don't think sorkin was listening to me. >> i was >> i said, no, i don't remember. you are always saying maybe -- i wasn't around for that here is my proposition for you, andrew sell in may is a common expression >> go away >> i've never felt more like selling in may than i do right now. i have to be honest. >> it is not just you. look at the dow this morning down 454 points. >> just to test whether this kind of thing works. it would be impossible for me to go long with money what was

cnbc has seen a company memo which said 5,000 jobs are going to be cut.offer new voluntary leave and buyouts for front line staff. this includes people like flight attendants. that'll start next month. the airlines, as we have been discussing for weeks now, have been under a huge amount of pressure to cut costs after the devastating impact for the air travel industry. yasmin? >> i have to say, 40 million is just an astounding number. it is unbelievable. i hope we never forget how this virus has ravaged our lives, with 40 million jobs lost, 100,000 lives lost, as well. it is just staggering to even think about, how so many lives have been turned upside down over the last three months. lives were different in february to where they are now. i quickly want to touch on florida theme parks here, julianna, while i have you. they're planning their return. what can you tell us about this? >> that's right. we are expecting disney world, sea world to begin reopening their doors. i'll run you through the dates you're looking at here. sea world has received approval

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. some green arrows after a lot of red yet. yesterday, the dow closes down by 457 points. a decline of 27,000 and change amid a lot of financials that kind of rolled over in the afternoon. jp morgan, citigroup and others down we saw nike and disney down. you also saw the s&p down 2.1% yesterday. nasdaq down 2% yesterday dow futures indicated up about 26 points, nasdaq up by 30 and s&p up by two. the 10-year is yielding 0.667% andrew >>> we have news out of washington to tell you about democrats unveiling a new $3 trillion spending bill including another round of stimulus checks up to $6,000 per household and extending the weekly unemployment benefits that would go through january including $107 trillion to stabilizing rent and mortgages and a cap on state and local tax reductions for 2020 and 2021 of course returning the tax bill that hurt high-taxed blue states that hurt them the hardest saying the relief bill is a big ticket for a big problem house minority leader called the bill a wa

former bundesbank board member tells cnbc what they have learned from the previous crisis >> caller: they do have good capital buffers. they have used the time to build up those capital buffers in a crisis like this, this is what you need. >>> no visibility on the high seas shipping group maersk warns volumes will fall as much as 25% in the second quarter. telling cnbc how the virus will hit global trade >> protectionism is a key risk and a risk that is getting bigger as part of this pandemic as countries are trying to protect their businesses there is no doubt in my mind it is the wrong strategy. >> thanks for joining us let me take you to the action. it has been a weak start we are witnessing some of these losses the german market was down 2%. limiting the selling we saw at the start of the session the uk and the italian stock market had a better session yesterday in the green still trading negative still eyeing those comments from dr. fauci warning not just about the health consequences but the he c economic consequences going right to the epicenter of the problem in wuhan investo

stay with cnbc thanks for watching. across america, business owners are figuring things out.ng new ways to serve customers... connect employees... and work with partners. comcast business is right there with you. with a network that helps give you speed, reliability and security. and enough bandwidth to handle all your connected devices. voice solutions like remote call forwarding and readable voicemail. and safe, convenient installation. when every connection counts, you can count on us. get the connectivity your business needs. call today. comcast business. >>> it is 5:00 on the east coast. summer spiking but does big tech have what it takes or is your money spent better elsewhere >>> protests in hong kong. how will beijing and the white house respond a live report next >>> history in the making in florida. we ready our first manned mission to the international space station after nine years >>> in florida, theme parks getting ready to welcome bac

on cnbc.th cramer >> announcer: tonight at 7:00 p.m., what could college campuses look like this fall one expert shares his blueprints plus, may is typically one of the busiest months for moving. what one company is seeing now and what it means for the recovery all tonight at 7:00 p.m. with scott wapner at cdw we get you want happy, productive employees. well we've made our office pet friendly. [ bleat ] [ cooing ] maybe a little too pet friendly. well you know cdw can design a mobility solution with light powerful devices from lenovo to make your people more productive in or out of the office. anyone have any questions before we go? that's great cause i really need to get out of here. snake people are freaking me out. hey sheryl, you have a sec? -nuh, uh. for work place productivity you need lenovo, and it orchestration by cdw. people who get it. ♪ ♪ >>> what the heck just happened to the stock of salesforce cramer favor closed, while the headline numbers were excellent, strong top and bottom

i'm rahel solomon at cnbc headquarters. here are today's top business headlines. dow futures up about 162 points following two days of gains as investors continue to weigh the consequences of states reopening their economy. stocks did lose steam after the federal reserve's vice chairman told cnbc that the fed and government will have to provide even more support to the markets and the economy. a report on the private sector which is expected to show more than 20 million jobs lost in april amid the virus pandemic. a new program for people who want to pay less and don't mind waiting longer for their rides. under the wait and save option riders will get a fare less than the standard ride if they're willing to wait between 5 and 40 minutes for their driver. a plunge in demand for the outbreak. only offering trips to single passengers. in the latest state of streaming report shows that march saw the biggest spike as did home orders and live sports were suspended. streaming was up 57% in the first three months of the year with on-demand content jumping nearly 80%. mike,

it's bullet proof on a handgun. >> elon musk on jay leno's garage tonight on cnbc 10:00 p.m.eastern time. between this and the -- and china and spacex and nasa, we thought elon was busy before, but this is taking the cake. >> yeah, absolutely. of course got to make sure the windshields are shatter proof after we saw the cyber truck demo interesting to hear about rocket thrust and it has the same steel design as starship rocket so speaking about the cross-pollination that happens through elon musk when it comes to his innovations. >> i've seen read on cnbc.com not to take the dimensions down by 5%. we give elon musk a hard time sometimes when he's kind of put a hard time on himself but i can't help but think this is the kind of innovation that america is all about compressed air rocket thrusters. there's no reason to do that, aside from it's just darn cool and at a time like this, when yes, we have to worry about necessities, it's kind of nice to know there are also people who are thinking about the kinds of innovations that really get people's imagination going, because a lot

this on reports that uber has possibly made takeover overtures for grubhub and cnbc learned that the talks have taken place. big names on the move in trading today. >> interestingly enough, uber shares up 8.5% suggests they like the consolidation as the consumer i hope it doesn't mean higher pricing if ithappens. thanks. >>> a slew of fed policymakers coming out against negative interest rates but president trump tweeted as long as other countries receive the benefit of negative rates the usa should accept this gift the markets, the question is this they have priced it in a little bit on a treasury market side. are they starting to press the fed for negative rates joining me now are dan genter and michael cuggino. dan, this is relevant because people try to figure out how far the rally can go cutting rates to minus 3% to suggest maybe further. at least for the time being and then just have a consequences to live with for the some time. right? >> yeah. what we are looking at is it's something that's generally considered negative obviously from the standpoint of the overall economy tha

call me at 1-800-743-cnbc. or tweet me at jim cramer. today wall street decided that it's better to be sorry than safe with investors going all-in on the kind of stocks they'll be very sorry about if the good news for the past 24 hours fails to payoff. and that's how the dow surged 912 points the s&p rocketed up 3.15%. and the nasdaq 2.44% too many of the so-called pro covid stocks you know what i mean when you look at pictures of lines at bars in ohio or wisconsin this weekend, i'm sure you saw them how about the packed beaches there's none left in jersey, and florida. it's clear america is reopening for business they're putting in new rules and regulations to keep people safe, social distancing and happened washin hand washing people are ignoring them talk about better to be sorry than safe. living in new york i know the virus is contagious. i hope the rest of the country doesn't have to find out the hard way this is reckless, but seeing the lines did make me more confident about the economy. it did seemed somehow good even though i kn