Second Day Surge, Flattening the Curve, AT&T Gets a Loan
Squawk on the Street - A podcast by CNBC
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Carl Quintanilla, Jim Cramer and David Faber discuss the second day surge for stocks. Investors looking toward a decline in new coronavirus cases. President Trump's Trade Adviser, Peter Navarro, warning the White House in January of the risks of a pandemic, according to a memo obtained by the New York Times. In the memo Navarro said, “The lack of immune protection or an existing cure or vaccine would leave Americans defenseless in the case of a full-blown coronavirus outbreak on U.S. soil.” 3M and the President striking a deal to bring 166.5 million masks to the U.S. in three months to help the coronavirus response. On the corporate front, AT&T says it struck a deal for a $5.5 billion dollar loan, boosting its liquidity amid the coronavirus crisis.
