After Friday's Jobs Report: Record Highs For Stocks, The Reopening Rally, Yellen And The Global Minimum Corporate Tax, Tesla Delivers, Tech Bounces Back, The Archegos Fallout Continues, And GameStop S
Squawk on the Street - En podcast af CNBC
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Carl Quintanilla, Jim Cramer and David Faber discussed the major indices rallying in their first session following the blowout March jobs report, which was released when the markets were closed for Good Friday. Helping the Dow and S&P hit fresh record highs: The reopening trade -- shares of cruise operators, airlines, AMC Entertainment and others leading the way in wake of the ramp-up in COVID vaccinations. The anchors also reacted to news that Treasury Secretary Yellen is expected to call for a global minimum corporate tax. They also explored whether the tech unwind rotation is coming to an end. Tesla getting a boost after its Friday release of record deliveries for Q1. With certain electric vehicle stocks and SPACs getting hammered recently, Jim weighs in on how individual investors can avoid getting burned in this market. GameStop slumps after announcing plans to sell up to 3.5 million shares in an "at-the-market" offering: Is the stock the "ultimate crypto play?” David outlines the latest developments surrounding the Archegos margin call fallout.