New Market Records Despite Daily COVID Cases at 1M, $3T Apple, Banks Surge, Ford's "Lightning" Strike, and Theranos Founder Holmes Found Guilty of Fraud.
Carl Quintanilla, Jim Cramer and David Faber delved into another historic day for stocks: The Dow and S&P 500 setting fresh all-time highs, despite the news that daily COVID cases in the U.S. shattered records by surpassing one million on Monday. The anchors explored what's ahead for Apple one day after it briefly touched a $3 trillion valuation for the first time. They also discussed why bank stocks are helping to fuel the markets' record run. Ford among the big winners, up sharply after saying it plans to nearly double its annual production target for the "F-150 Lightning" electric pickup truck -- and announcing it would start accepting purchase orders for the vehicle. Theranos founder Elizabeth Holmes found guilty on four counts of fraud. Coverage included a report outside federal court in California, plus anchor reaction to a highlight from Cramer's 2015 interview with Holmes on CNBC.
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