Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were „really very good buys.“

„They’re fomenting action. Once you foment action, it brings in suckers and then maybe they’ll buy the stock thinking that there’s something going on,“ CNBC’s Jim Cramer said Friday.

CNBC’s Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.

Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were „really very good buys.“

A conversation on the latest market-moving news.

The stocks making the biggest moves in premarket trading include Lululemon, Caterpillar, Sony, Tesla, Boeing, and more.

Barclays‘ analysis finds that just as some retail investors are cashing in, many others are getting the market all wrong and losing money.

Check out the companies making headlines after the bell.

Lululemon reported a first-quarter sales decline of 17%, as its strong digital business wasn’t enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.

Yum Brands said Tuesday that Taco Bell’s U.S. same-store sales have declined by high-single digits so far in the quarter.