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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