Squawk on the Street
Stocks Hit Record Highs...Again, DC Chaos Aftermath, COVID Effect: Jobs Report Disappoints, And Battle of the Mega Caps: Tesla Speeds Past Facebook
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Show notes
Carl Quintanilla, Jim Cramer and David Faber discussed another record-setting day for the markets, with the S&P 500 and Nasdaq hitting new record highs. This as President Trump faces calls for his resignation, impeachment or removal in wake of Wednesday's Capitol riots -- and the US posts 140,000 job losses in December as a resurgence in COVID cases and deaths resulted in new business restrictions. The anchors explored Tesla surpassing Facebook to become the fifth most valuable U.S. company, making CEO Elon Musk the world's richest person. Tech M&A also in focus: A deal involving Cisco gets terminated. Carl, Jim and David reacted to billionaire investor Nelson Peltz telling CNBC he's "sorry" he voted for President Trump in 2020.
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