Choppy Trading, Jobless Claims Mount, Goldman Sachs Chairman & CEO

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Squawk on the Street

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Carl Quintanilla, Jim Cramer and David Faber discuss the choppy trading as oil rallies big, but gains get capped by a massive surge in jobless claims. WTI jumping 9% after the President said he expects Saudi Arabia and Russia to come to an agreement about their price war that has added to the pain for the crude market, already getting hit by an unprecedented demand slowdown from the coronavirus. Plus, the Labor Department reporting more than 6 million people filed for unemployment benefits in the week of March 27th, hitting a record. And the "Squawk on the Street" gang is joined by the Chairman and CEO of Goldman Sachs, David Solomon. Hear what he has to say about the virus, employees working from home and how he sees a recession playing out.