Of impact as nasdaq saw third record finish in a row. The investors investigating big week for earnings. Here we go folks. Big banks including jpmorgan wells fargo city group and bank of america on tap to report this week. And back to the happiest place on earth disney world reopens in florida. The despite a record surging case in that state. What is being done to keep visitors safe. That is ahead. And chinese new a l products possibly only hold company considering pushing back annual reveal of newware what is you should and should not pick up right now. And if you developed bad habits in quarantine, you are not alone. What you can do to break them. Thats coming up, mornings with maria is live right now. Right here we go with european stocks they are up this morning. There is optimism other earning season reaching across the globe as you can see the tax 40 in green and a meeting about European Union Recovery Fund proposal. Now to ash sha overnight green acrossed board there as well. Ma
Of prohibition in the u. S. The National Constitution Center Hosted this event. The moderator is jeffrey rosen. [ applause ] ladies and gentlemen, welcome to the National Constitution center i am jeffrey rosen, the president of this wonderful institution, the only institution in america chartered by congress to disseminate information about the u. S. Constitution on a nonpartisan basis beautiful. So great to hear those wonderful words of our Inspiring Mission statement here in the beautifully renovated kimmel theater. Ladies and gentlemen, just a few months ago we opened up this gorgeous, new space, renovated with a great grant by the Kimmel Foundation and youre hearing me from these cool stateoftheart ted talk mics and these beautiful seats and im thrilled to see so many people here to celebrate the opening of the return of our great exhibit, american spirit [ applause ] i want you to go see it after the show, if you havent seen it yet, and cspan viewers, i want you to come to philade
On the walls check out my twitter feed. See all the ridiculous speculative names people hope ill mention or pump same deal, no earnings, but right on stocks. These are textbook signs of what we call froth. Thats what this is. Its froth and you know what . All the froth got crushed today. Dow plunging 517 points, s p plummeting 117 , nasdaq nose diving 1. 55 not bad for an amateur so whats become too riskier let me give you an example last night kind of cool. We had novavax on, hottest stock on the market. Vaccine developer working on something for covid19 the stock runs from 18 to 40 in two days i cant recommend Something Like that thats this, you know, novavax is this, okay. Good guys, but it doesnt matter it actually managed to rally today. Maybe novavax wins the vaccine rate if they dont, the stock is going to get eviscerated id rather have you in something thats diversified glaxo, pfizer, j j same for biotech stocks. Anything related to ebola, flu, except regeneron they have little
Up next, historians talk about the history and politics of prohibition in the u. S. The National Constitution center hosting this event, the moderator is jeffrey rosen. [ applause ] ladies and gentlemen, welcome to the National Constitution center. [ applause ] i am jeffrey rosen, the president of this wonderful institution. The only institution in america chartered by congress to disseminate information about the u. S. Constitution on a n nonpartisan basis. Beautiful. So great to hear those wonderful words of our Inspiring Mission statement here in the beautifully renovated kimmel theater. Ladies and gentlemen, just a few months ago, we opened up this gorgeous new space renovated with the sydney kimmel foundation. And youre hearing me from these stateoftheart cool ted talk mics on these beautiful new seats. And its a thrill to see so many people here to celebrate the opening of the return of our great exhibit american spirits. [ applause ] i want you to go see it after the show if you
Me jimcramer. I have to be honest with you, we could be on the verge of a depression, not a recession, a depression if things dont go right. Worst monthly report since 2009. 700,000 jobs lost and that doesnt even cover the last two weeks where we had 10 million jobless claims the bad numbers are just beginning, which is why the averages got hit today, dow losing 361, s p 3. 1 , nasdaq falling. It could have been worse earlier in the day, it was bad this is going to be a brutal period if we handle things right, it will be a short depression i would call it a decession or a repression but the first sounds silly and we dont want a repression can we have a mini depression . Were in unchartered waters. I hope so. Still, i think were making Real Progress in the economic front today, Small Businesses applied for hundreds of billions of dollars in loans that will allow them to stay open in a tough period and the government will forgive those loans if you pay your workers full disclosure i appl