S&P 500 Hits A New Record, Retail Earnings Blitz, LIVE: Treasury Secretary Mnuchin, Amazon Expansion
b'Carl Quintanilla & Jim Cramer discuss the state of stocks as the S&P 500 rises to a new record high all-time high that was set before the coronavirus pandemic hit.\\xa0Two retail giants surging this morning giving the major averages that boost. Walmart earnings and revenue beating the street last quarter as same-store sales surged by 9.3% and its e-commerce sales nearly doubled. Home Depot said its sales last quarter jumped 23%, while its earnings and sales beat the street\\u2019s expectations.\\xa0Treasury Secretary Mnuchin joining Carl and Jim to discuss COVID-19 Stimulus, the Postal Service problems, and Oracle in talks to acquire TikTok, in a challenge to Microsoft.\\xa0And Amazon\\u2019s expansion plans. The company is looking to add 3,500 jobs across six U.S. cities.\\xa0Of the new roles, 2,000 will be based in New York, where Amazon has acquired the Lord & Taylor Fifth Avenue building.'