As we kick off the second quarter, Carl Quintanilla and Jim Cramer led off the show with market reaction to the March employment report: Job growth up 431,000 – missing expectations-- but the unemployment rate fell to a two-year low of 3.6%. National Economic Council Director Brian Deese joined the program exclusively to discuss the numbers, as well as inflation and President Biden's decision to release millions of barrels of oil from the Strategic Petroleum reserve in an effort to reduce gasoline prices. Also in focus: GameStop shares surge as the company seeks shareholder approval for a stock split, what's behind the rally in Chinese stocks such as Alibaba and JD.com, and a report regarding a U.S. probe of Activision Blizzard. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street