Stocks Cut Losses, Gilead Covid-19 Treatment, Buy American vs. America First, Disney Pushes Ahead with Reopening
b'The \\u201cSquawk on the Street\\u201d team discuss the market turn as stocks cut their losses.\\xa0Gilead publishing new data on its antiviral drug remdesivir showing it reduced the risk of death for severely sick coronavirus patients by 62% compared with standard care alone.\\xa0Goldman raises its Netflix target to the highest on the street, saying the stock could surge by more than 30% over the next year and is set to report a blowout second quarter.\\xa0Plus, despite a surge in cases in Florida, Disney moves forward with its reopening plans.\\xa0And the \\u201cSquawk on the Street\\u201d gang breaks down presumptive Democratic nominee Biden\\u2019s \\u2018Buy American\\u2019 economic plan, as President Trump calls it plagiarism.'