meta_pixel
Tapesearch Logo
Log in
Squawk Pod

Special Report | Markets in Turmoil

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 5 June 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.

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.

0:07.1

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 a CNBC special report, Markets and Turmoil.

0:19.8

Listen in.

0:25.1

Thank you. CNBC special report, Markets and Turmoil. Listen in. Good evening. I'm Scott Wapner on day 158 of the coronavirus crisis. Tonight, the Great Divide.

0:31.8

How the stock market can be so good while the economy is still so bad.

0:39.6

NASSEC 100 hitting an all-time high.

0:42.3

The stock market's recovery, more robust than many thought possible.

0:46.7

Initial jobless claims, $1.877 million.

0:50.4

The story off of Wall Street is very different.

0:54.1

Tonight, getting to the bottom of the disparity.

0:57.0

Plus, I bought a ticket on South West, flying anonymously.

1:01.0

One CEO's remarkable story of what happened when he flew coach in the back of the plane,

1:08.0

and the return of two major parts of the USA, basketball and Vegas. This CNBC

1:15.5

special report begins right now. Here's Scott Wapner. Welcome. It's good to have you with us on this

1:22.2

Thursday night on a day when the S&P 500 and NASDAQ snap four-day win streaks. Let's take our first look this

1:29.0

evening at futures, how the day on Friday may go. And we are slightly higher, though, obviously,

1:34.2

it is still very early. As for today, some disappointing jobs data kept a lid on things on Wall

1:40.3

Street. Still, the Dow managing to scratch out a small gain towards the end of the day.

1:45.1

As I said, the S&P and NASDAQ ended lower. But earlier in the session, the NASDAQ 100,

1:50.9

which are the biggest 100 stocks in that index, hit an all-time high before big tech sold off.

1:56.8

Alphabet, Microsoft, Facebook, Apple, and Amazon, all weighing on the NASDAQ today.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.