Flipping the Script, Market Swings, Senate Stimulus Approval, David Digs Through the Deals
b'The \\u201cSquawk on the Street\\u201d team discusses the mixed market. The Dow changing course after bullish comments from hedge fund manager David Tepper. Tepper writing in to CNBC that a, \\u201ccombination of stimulus and low Japanese bond yields positive for U.S. stocks.\\u201d That \\u201cselling of U.S. Treasury\\u2019s is likely over\\u201d and \\u201cstocks like Amazon look attractive.\\u201d The Senate passing that $1.9 trillion dollar Covid relief bill. President Biden says people will start getting stimulus checks this month. Oil in focus again, as Brent crude breaks $70 after Saudi Arabia\\u2019s oil facilities were attacked by Yemen\\u2019s Houthis. Plus, a busy morning for deals, David digs through the big movers. General Electric nearing a $30 billion deal to merge its aircraft leasing business with AerCap Holdings. Apollo Global gains following news that it will merge with Athene Holding in an all-stock transaction valuing Athene at about $11 billion. And McAfee, surging on news it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.'