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Squawk Pod

Special Report | Markets in Turmoil: Outbreak

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 8 April 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm C. NBC producer Katie Kramer, one of the voices behind the

0:05.3

the CNBC Podcast Squack Pot. In these times of uncertainty, we want to make sure

0:09.7

we're bringing you, our listeners, as much information as possible as quickly as we can.

0:15.0

That's why we're sharing with you now a CNBC Special Report, markets in turmoil.

0:20.0

Listen in.

0:27.0

Good evening, I'm Scott Wapner. Today's Wall Street rally fizzles as the Dow finishes negative,

0:30.0

and on the 100th day of the coron coronavirus crisis the city where it all began

0:34.4

Lujan China ends its lockdown.

0:40.1

We started red-hot and ended ice cold.

0:43.0

Reversal. Stocks lose steam this afternoon.

0:46.0

A 900 point gain for the Dow evaporates.

0:50.0

We're going to have to restart that economy.

0:52.0

We're going to have to restart that economy. We're going to have to restart a lot of systems that we shut down.

0:56.0

New information tonight, New York Governor Andrew Cuomo's plan to restart business.

1:02.0

The longer at last, the more disruption there will be and the harder it will be to come back.

1:06.3

And the sobering reality of death, illness, and job cuts.

1:11.2

Tonight, how three religious leaders are dealing with unprecedented fear

1:16.4

and crisis. This CNBC special report, markets in turmoil turmoil begins right now.

1:24.0

Here's Scott Wopner.

1:26.0

Good to have you with us yet again tonight.

1:28.0

We do start this evening with a look at futures which right now are slightly lower in early trading you can see after that big

1:33.9

give back towards the close stocks did suffer a major reversal I do mean major the

...

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