Market Records And Volatility, GameStop Soars, White House Reacts To The January Jobs Report, And COVID Vaccines: J&J Seeks Emergency Authorization From The FDA
Squawk on the Street - En podcast af CNBC
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On a record-setting day for the S&P 500 and the Nasdaq, Carl Quintanilla, Jim Cramer and David Faber discussed market volatility and the Reddit-fueled trading frenzy, with GameStop soaring and recouping some of its steep losses for the week. They also reacted to the January jobs report and explored how soon COVID vaccinations could spur an economic recovery. This as Johnson & Johnson requests emergency use authorization from the FDA for its one-dose vaccine. Council of Economic Advisers member Jared Bernstein joined the program with White House reaction to the jobs data -- outlining the case for passing President Biden's $1.9-trillion COVID relief package. The CEO of luxury electric vehicle startup Lucid Motors also appeared on the show to talk about his company's prospects amid heightened competition -- with Apple as a potential rival.
