Stocks Moving Higher, Dr. Fauci to Testify Before the Senate, Defying Orders

Stocks rising slightly as investors evaluate the latest attempts to reopen the economy. The Nasdaq is heading for its seventh straight day of gains. Dr. Anthony Fauci and other health officials will testify before the Senate Health Committee discussing reopening the economy. Simon Property Group, the biggest U.S. mall owner is planning to have 50% of its centers reopened this week, as states begin to loosen their lockdown restrictions. Plus, it’s Elon Musk vs. California. Tesla’s CEO defying orders and reopening his plant in Alameda County in a standoff with county officials. Musk tweeting: “Tesla is restarting production today against Alameda Country rules. I will be on the line with everyone else. If anyone is arrested, I ask that it only be me.” Plus, the CEO of International Flavors & Fragrances joins the “Squawk on the Street” team on earnings and the road ahead during the COVID-19 pandemic.

Release date

Lydbog: 12. maj 2020