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Squawk Pod

Special Report | Markets in Turmoil

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 28 May 2020

⏱️ 45 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 CNBC producer Katie Kramer, one of the voices behind the CNBC podcast SquawkPod.

0:07.5

In these times of uncertainty, we want to make sure 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 as CNBC special report, Markets and Turmoil.

0:19.8

Listen in.

0:23.5

Good evening. I'm Scott Wapner on day 150 of the coronavirus crisis. The death toll in the U.S.

0:29.4

tops 100,000. But tonight, there is optimism for the future of jobs in America.

0:38.2

Tonight, new signs of a comeback.

0:41.6

It's another step in the return to some degree of normalcy.

0:45.5

From the world of sports to the great American job market.

0:49.4

Plus, Disney makes its pitch.

0:52.0

It's ready to open the Magic Kingdom.

0:54.4

We'll slowly but surely make steps for improving the number of guests that we can accommodate in our parks.

1:00.3

Tonight, a key player in the decision-making chain is with us live.

1:05.2

And we'll take you to one great American Beach Town's main street.

1:09.8

To show you how businesses are trying to fight their way

1:13.0

back. This CNBC special report begins right now. Here's Scott Wapner. Welcome, good to have you

1:20.7

with us on this Wednesday night after Stocks rally again. Let's give you your first look at the

1:25.2

futures, very early, of course, and we are mixed.

1:28.3

The Dow, though, and the S&P would open higher.

1:31.4

As for today, more optimism over the economy reopening was the story on Wall Street.

1:35.9

The Dow rising more than 550 points, closing above 25,000 for the first time since March.

1:42.2

The S&P 500 climbing 1.5%. So far this week, the Dow is up almost

...

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