Market Sell-Off: Coronavirus Worries, Stimulus Stalemate, Earnings Effect & M&A
Squawk on the Street - En podcast af CNBC
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Carl Quintanilla, Jim Cramer and David Faber took a closer look at a rough morning for stocks: Worries on Wall Street about rising coronavirus cases around the globe and a continued stalemate in the U.S. surrounding stimulus talks. Among the big movers: German software company SAP tumbles on weaker-than-expected quarterly results and full-year guidance, hurt by lockdowns due to the pandemic. As for Dunkin' Brands, the parent of Baskin-Robbins and the former Dunkin' Donuts soaring after confirming it is in talks to be acquired by private equity-backed Inspire Brands -- which owns restaurant chains including Arby's, Buffalo Wild Wings and Sonic. Also in focus: What's next for Astrazeneca and Johnson & Johnson now that they have resumed late-stage trials for their COVID-19 vaccines.