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Squawk on the Street

Retail Boost for Stocks, Stimulus Progress, No Vaccine Till After Election

Carl Quintanilla, David Faber and Leslie Picker discussed today’s stock rally, looking to snap a 3-day losing streak as September retail sales surprise to the upside. Plus shares of Pfizer rally, the drug maker saying it sees an emergency use filing for its COVID-19 vaccine only after the U.S. election. And stimulus stalemate: Speaker Pelosi and Treasury Secretary Mnuchin citing progress in talks while President Trump says Senate Republicans will fall in line if a deal is reached.

Broadcast on:
16 Oct 2020

Carl Quintanilla, David Faber and Leslie Picker discussed today’s stock rally, looking to snap a 3-day losing streak as September retail sales surprise to the upside. Plus shares of Pfizer rally, the drug maker saying it sees an emergency use filing for its COVID-19 vaccine only after the U.S. election. And stimulus stalemate: Speaker Pelosi and Treasury Secretary Mnuchin citing progress in talks while President Trump says Senate Republicans will fall in line if a deal is reached.