Bouncing Back, Nasdaq & the S&P 500 hit a Record High, Tesla Price Hike
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 19 February 2020
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | It's Jim Kramer here. You're listening to the opening bell of CNBC Squawk on the Street. |
| 0:04.6 | Don't miss a minute of the action. |
| 0:11.9 | Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintanay with Jim Kramer, David |
| 0:15.5 | Faber at the New York Stock Exchange. Future is green after three days of losses for the Dow. |
| 0:19.7 | Investors looking over some of the coronavirus headlines this morning, |
| 0:22.6 | including the smallest number of new confirmed cases since January, |
| 0:25.6 | although the death toll now exceeds 2000. |
| 0:28.6 | Europe's green wholesale inflation with a surprise pop-up 5 tenths |
| 0:31.6 | looking for one-tenth and fed minutes at 2 p.m. Eastern time. |
| 0:35.6 | Our roadmap begins with the virus risk for stocks. |
| 0:38.8 | Investors closely monitoring the potential economic fallout of the coronavirus outbreak as the death toll crosses 2000. |
| 0:45.0 | Plus, Tesla stock, guess what it's doing? |
| 0:47.0 | Yeah, spiking yet again why one analyst thinks energy generation and storage are going to be the next big thing to fuel the company's growth. |
| 1:01.0 | And shares of DISH network rallying that satellite TV provider beating estimates as pay TV subs decline, but at a slower pace. |
| 1:11.1 | Stocks are poised for a positive open after the number of new virus cases falls in mainland China, and Chinese officials announce fresh measures to support businesses that are struggling due to the outbreak. |
| 1:12.4 | Globally, the number of confirmed cases exceed 75,000 with confirmed deaths surpassing 2,000. |
| 1:18.0 | But Jim, as we said, lowest number of new numbers. |
| 1:20.7 | Right. |
| 1:21.4 | It's for the month so far. |
| 1:22.9 | We had Dr. Fauci on yesterday at closing bell, and he was the most optimistic, I think, of the times he was on. He did point out, he was asked a question about whether, what did he feel about the Americans coming off the Japanese ship? And he said, pretty good. It was my decision. So, I mean, what I say is that he's more or less in charge. And he's basically saying, look, it's not the end of the world. |
| 1:46.4 | There's going to be some things that go wrong. |
| 1:48.3 | But when I say that he was the most bullish, what I say is that I watch the nightly show that we do, which is so good. |
... |
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