Stock market live updates: Stocks lower, travel stocks sink, KB Home drops 11%

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As new COVID-19 cases continue to spike and the market struggles, MadMoneyOnCNBC's JimCramer has some advice to dish out.

Shares of Disney slid more than 2% on Thursday after the company said it is. Its two parks in Anaheim were initially scheduled to reopen on July 17, but will be delayed since state officials will not be issuing theme park reopening guidelines until after July 4. Disney will still be opening its shopping center, Downtown Disney District, on July 9. Shares lost 3.88% on Wednesday.Stocks opened lower on Thursday, extending Wednesday's sharp declines, as Covid-19 cases in the U.S.

KB Home CEO Jeffrey Mezger cited the country's high unemployment as Covid-19 took hold as contributing to the company's order slowdowns and cancellations. "These people that canceled, where you lost your job, you have to get your job back to come back and buy from us again," he said. Overall, the company reported a 57% year-over-year drop in net orders.

shows Vice President Joe Biden with a nine-point lead on President Donald Trump, but the incumbent still gets higher marks about his economic policies. Voters gave Trump a six-point lead when asked about policies for jobs and the economy, but that was the only category where the Republican led. Biden's best category was racial equality, where he led by 25%.

 

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MadMoneyOnCNBC jimcramer Smug, self-serving, impetuous Kanamit food is before you.

MadMoneyOnCNBC jimcramer

MadMoneyOnCNBC jimcramer People are hurting, rent is due but stock market is the main focus for Jim. Talk about a rigged system for only the wealthy. Shameful

MadMoneyOnCNBC jimcramer Two months ago Cramer was lamenting at images of people having fun in TX/FL while those in the northeast were locked down. He said those folks have it right and it was a travesty what he was bearing. I asked him to just go down there - he didn’t then and I’m sure he won’t go now

MadMoneyOnCNBC jimcramer You couldn't pay me enough to listen to that asshat

MadMoneyOnCNBC jimcramer If we had a competent Federal response we woukd be in much better shape

MadMoneyOnCNBC jimcramer What has change since March regarding COVID-19? Do we have a cure a vaccine? Why are people expecting change?

MadMoneyOnCNBC jimcramer Check out my Gig on Fiverr: be your all rounder activecampaign specialist

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