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Stocks Slump, Big Banks Report, Airlines Aid, Abbott Antibody Test

Stocks Slump, Big Banks Report, Airlines Aid, Abbott Antibody Test

FromSquawk on the Street


Stocks Slump, Big Banks Report, Airlines Aid, Abbott Antibody Test

FromSquawk on the Street

ratings:
Length:
49 minutes
Released:
Apr 15, 2020
Format:
Podcast episode

Description

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.
Released:
Apr 15, 2020
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.