Mulan. Julia, you have a lot of color on this and i keep thinking back to when you brought bob on our show, and he talked act the challenges of reopening florida and california, but they have seen some change in that narrative. Yes, we just had disney say they going to delay the opening of the park. The decision was made after yesterday, the number of new indicatio indications peaked here in the u. S. Now the government is saying we cant tell you what the plan is going to be at i want to note that companies here in california were raising concerns saying they didnt think it would be necessarily safe to reopen the parks there was 17,000 employees saying they wanted him to reopen on opening the parks but business any really pointedd to the safety issues as a reason why theyre not moving forward, but look at the interview and the perspective on what it would take to reopen they have a long history of being really responsible we were the first group to close initially when covid first hit
Tonight. We have got guy adami and we have tim seymour and steve grasso and brinmar trust jeff mills. Guy, were up 770 points on the dow and we have oil spiking, as well and banks participated and a lot of different sectors participated in this mini run or mini rally and whatever you want to call it is it because of fed help . Is it because some of these coronavirus numbers came down, giving us a reason for optimism or was it Something Else yeah. Typically its all of the above and ill have to reposition my camera in a second and i apologize if the shot is lose pep yesterday made sense to me in the way the market traded up and failed at the levels that we talked about it didnt make sense to me, but to your point, i think the howard marx article helped and the fact that Bernie Sanders dropped out helped and i think the dr. Fauci comments helped and its an amalgamation of a lot of things that are positive and i understand the reasons for optimism my concern is even with the market current
Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
York stock exchange. Very monday morning and its going to be a very busy week were going to start with some talk about technology and antitrust. Our next guests latest column says, are we finally getting serious about big tech monopolies is it too late cnbc contributor kara swisher joins us this morning. Good morning, kara good to see you. Hi. Good to see you. You ask, are we finally getting serious about mo monopolies and then you go on to say, youre not holding your breath and no one in Silicon Valley is holding their breath no, were not theres been so much suggestion about the ftc and the justice department, i just wanted to point out some information for them about how much of a cheap date consumers have been to these Tech Companies and whether we need morecompetition. Its something ive been talking about the idea that we should have a new social network, that we should be able to have a new Search Engine and have some choice and theres very little choice in many, many too many sec