Stocks Attempt a Rebound, Iger Steps Down, Moderna Skyrockets on Vaccines Hopes Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber discuss the extreme moves in stocks, as markets attempt a rebound after its worst two-day stretch in two years. Europe continues to report a slew of coronavirus cases with France seeing its second death and Italy reporting its 12th death. Greece also confirmed its first case of the virus. The CDC warns Americans it’s not a question of if coronavirus will spread, but when. President Trump announces he will deliver a news conference at the White House tonight at 6pm ET on the coronavirus. Shares of Moderna skyrocket as the biotech company says its coronavirus vaccine is ready for its first tests. David Faber digs into Disney as Bob Iger steps down from his CEO role, remaining executive chairman through 2021. Iger telling David “I don’t want to run the company anymore.”