Big Banks Launch Earnings Season, Biden's $1.9T "American Rescue Plan", And A Stellar Week For IPOs

Carl Quintanilla, Jim Cramer and David Faber led off the program with a closer look at big banks kicking off earnings season: Quarterly results out from JPMorgan Chase, Citigroup and Wells Fargo. The anchors also discussed President-elect Biden's $1.9-trillion COVID relief plan and what it could mean for struggling Americans, businesses and the markets. Also in focus: Mobile gaming company Playtika going public with the biggest IPO of 2021 so far -- capping a week in which Affirm and Poshmark shares more than doubled in their respective debuts, while Petco jumped more than 60-percent in its return to the public markets.