Stocks Turn, Coronavirus Surges in the U.S., NYC Enters Phase 2
Squawk on the Street - A podcast by CNBC
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Carl Quintanilla, Jim Cramer and David Faber discuss the impact of the rise in Covid-19 cases on stocks. According to the World Health Organization, Sunday recorded the largest single-day increase in global coronavirus cases with the U.S. reporting more than 36,000 new cases. Apple is getting ready to kick off its virtual WWDC. CEO Tim Cook speaking out about corporate social responsibility on CBS’ “Sunday Morning,” saying, "You know, there was a time back many years ago where CEOs were just supposed to focus on profits only, and not so much the constituencies. And that's never been my view. I've never subscribed to that.”Plus, New York City enters phase 2 reopening, but will people rush back into offices? The “Squawk on the Street” team discusses that, NYC real estate and more.
