Earnings Blitz, GOP Unveils Coronavirus Relief Plan, MLBs Manfred on Covid-19 Outbreak, Lysols Parent Company CEO on Earnings & Delta Partnership
Carl Quintanilla, Jim Cramer and David Faber discuss the earnings blitz and the big movers dragging down the major averages.\xa0McDonald\u2019s reporting mixed results. Comparable restaurant sales were down 23.9% globally, but U.S. comparable sales were better than expected, falling 8.7% compared to estimates. The \u201cSquawk on the Street\u201d team also digging through results from Pfizer, 3M and Raytheon.\xa0The GOP unveiling its new coronavirus relief plan including wage replacement of 70% in extended unemployment benefits, replacing the $600 weekly enhancement.\xa0The new plan also includes another round of $1,200 stimulus checks and $500 payments for depends of any age.\xa0MLB commissioner Manfred says Marlins coronavirus outbreak is not a \u201cnightmare\u201d scenario.\xa0This following news that 13 members of the Marlins tested positive for coronavirus, which led to the postponement of their Monday game against the Orioles in Miami.\xa0Plus, breaking news, as the Fed extends its lending facility to December 31st.\xa0And the CEO of Lysol\u2019s Parent Company joining \u201cSquawk on the Street\u201d to discuss his company\u2019s results, partnership with Delta, and much more.