Retail Sales Surge and The Reopening Trade, B of A and Citi's Earnings Beats, Day 2 for Coinbase After Strong Public Debut and $85.8B Value, An Exclusive With Delta's CEO, and New Record Highs for the Dow and S&P 500
b'Carl Quintanilla, Jim Cramer and David Faber discussed the catalysts sparking another record-setting day for the Dow and S&P 500: U.S. retail sales jumped 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks, jobless claims sunk to a post-pandemic low of 576,000 last week, and Bank of America and Citigroup posted first-quarter results that beat Wall Street Estimates -- and Citi announced it is exiting consumer banking in 13 countries including China, Vietnam, India and Australia. Delta Air Lines CEO Ed Bastian joined the program exclusively to discuss everything from the surge in travel bookings as vaccinations increase --to the company\'s stance on the Georgia voting law. The anchors also took a closer look at what\'s next for Coinbase one day after its strong public debut -- the cryptocurrency exchange finished Wednesday\'s trading session with a market value of almost $86-billion. Also in focus: Walmart investing in General Motors\' "Cruise" self-driving car subsidiary, Dell outlining its VMWare spin-off plan, and Merck saying its antiviral pill for COVID shows promise for non-hospitalized patients.'