Rally Continues, Reopening Stocks Surge, AstraZeneca Gilead Merger in the Works?

Published: June 8, 2020, 2:14 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber discuss the continuing rally for the major averages to start the week.\\xa0Stocks tied to the reopening of the economy leading gains once again with airlines, retailers and cruise lines moving higher.\\xa0After two months in lockdown, New York City, begins its phase one reopening.\\xa0Billionaire investor Stanley Druckenmiller joining CNBC saying, \\u201cwhat is clearly happening is the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force\\u2026 with a combination of the Fed money and, in particular, a vaccine where the news has been very, very good.\\u201d\\xa0Plus, David Faber\\u2019s new reporting on that possible AstraZeneca, Gilead merger.\\xa0Sources telling him the two companies are not in deal talks.'