Squawk on the Street
Stocks Moving Higher, Cruise Stocks Hit, Fauci: We’re Still in a First Wave, Zuckerberg’s Voting Campaign
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Show notes
David Faber & Jim Cramer discuss the state of stocks, jumping as Wall Street tries for a 4-day win streak. Dr. Fauci warning of the risk that the virus will spread. In an interview with the Wall Street Journal he said, "When I look at the TV and I see pictures of people congregating at bars when the location they are indicates they shouldn't be doing that, that's very risky. People keep talking about a second wave… We're still in a first wave." Covid-19 infections hitting record highs in six U.S. states on Tuesday as states move forward with reopening their economies. Cruise stocks taking a hit as Norwegian extends the suspension of its voyages through the end of September. Facebook’s CEO Zuckerberg unveiling his company’s campaign to boost voter registration, turnout and voices. He also announced users will be able to turn off political ads writing, “And for those of you who've already made up your minds and just want the election to be over, we hear you — so we're also introducing the ability to turn off seeing political ads.”
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