b'Carl Quintanilla, Jim Cramer and David Faber discussed a record run for stocks: The Dow closed above 34,000 on Thursday for the first time, going on to hit fresh all-time intraday highs at the market open along with the S&P 500. The anchors highlight stats which show U.S. stocks\' 76% jump year-over-year from March 2020 lows marked the biggest such surge in 100 years. The anchors also took a closer look at Morgan Stanley\'s record first-quarter profit along with the losses related to the Archegos hedge fund scandal: What do this week\'s bank earnings mean for the financial sector going forward? The Treasury Department released a report saying it is keeping China on a watch list of countries with questionable currency practices but is not labeling it a currency manipulator. In the trading spotlight: Massachusetts regulators are seeking to revoke Robinhood\'s license as a broker-dealer in the state, accusing the firm of "aggressively inducing and enticing trading among its customers" - plus Greenlight Capital\'s David Einhorn blaming Chamath Palihapitiya and Elon Musk of throwing "jet fuel" on the GameStop trading frenzy. Also in focus: The reopening trade and the challenges Johnson & Johnson faces with its COVID vaccine on pause, David Faber\'s weekly SPACs report, and the state of the IPO market in light of this week\'s Coinbase direct listing.'