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Thank you, guys. Okay. Alex gorsky from j j, appreciate it well be back tomorrow cnbcs special coverage continues right now. Good monday morning welcome to squawk on the street, im Carl Quintanilla with jim cramer and david faber. Coming to you live from separate locations even on set as we practice social distancing futures are stable to start the week as the president extends those social distancing guidelines to april 30th j j, as you just heard, announcing a lead candidate for a covid19 vaccine a lot of people were astonished that the futures, just at the moment when the president said, lo...

Futures trading was halted yo ed overnight. If were down 7 , you halt for 15 minutes down 13 , you halt for another 15 minutes if down 20 , you halt the remainder of the day some people wonder how long we will be trading at the open. Yeah. Look, i think the problem is twofold no one thought oil was coming. Theres a very, very different approach by some to whats happening with the virus some people are saying not enough others are saying, listen, were making too much of it. Im in the distinct not enough camp i come back and i keep thinking about david tepper and what he said to me at the super ...

Good monday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt at the Stock Exchange it is a historic day of trading. We will begin with the selloff which did include a break with Circuit Breakers richard on the stress test for stocks, mike santoli on the crude awakening in oil prices as the saudis launch a price war. Rick santelli on a bad yield trip for treasuries and Steve Liesman on the fear and the feds response bob pisani, lets begin with you and think about whats important this morning. Whats important is how did the system respond to the immense str...

In 2007 and 2008. There are significant signs up. Ting to show european stocks pushing down towards session lows, 2. 1 . Seem to be a lack of belief, the policymakers at this the rightputting tools to work. Whether that changes today or tomorrow. Well wait and see. Is building. Alix steve, well get to the in a second. T uninvestable . Its hard to if you thinking about trading them for the next three weeks, thats probably not a good idea. Are very volt volatile now. Easily go lower. What were right to remind get 30 when you downdrafts in markets, which is where we are now, it never been sell. I...

The s p down 4 on the day. , 17 on amazing week the dow, 15 on the s p 500, 13 on the nasdaq, all major indices down about 30 from alltime highs. Scarlet sorry we interrupted. You were saying that it will depend on the number of infections and whether that curve bends or breaks . Vince one potential piece of good news, if we look at the country countries that were successful at containing the number of new cases, china and korea, the numbers have slowed to a trickle. In italy, the numbers are still wearable and the news out of italy is horrible. One of the things we do notice is that if you lo...