America is closed, closing or on the verge of being closed. Famous cultural hubs that are a part of the fabric of American Life are shutting their doors. The threat of coronavirus is changing our way of life, at least for now. The effects practical and emotional are creeping into everyones lives, a subject addressed last night. Its such sort of a challenge and exercise in managing uncertainty. Because you look at it and you try to gauge should i be incredibly concerned . Is this life threatening . Or is this simply a new and unfamiliar threat which always will have an exaggerated sort of anxiety and stress response . We live with risk and Health Threats every day. And we have an incredible ability actually to cope with that, to make rational choices about how we manage all of that. There are now at least 1,665 coronavirus cases in the United States. Up from 27 a week ago. All but three states have cases. 41 people have died. Long lines and empty shelves greet shoppers nationwide trying to stock up on basics, unsure if they may be asked to selfquarantine or if schools will be closed forcing major changes at home. Many are trying to balance their jobs and lack of paid sick leave with caring for their own parents, a lot of them at an age where contracting the virus could be more serious. There are also worries about running out of medication and no clear plan on who needs it. 4. 9 million kids are now out of school for reasons related to the coronavirus, like cleaning or planning. The at least 10,600 schools have been closed or are scheduled to be closed that includes all schools in maryland, ohio, kentucky and new mexico. Michigan will shutter all classrooms starting on monday. Big systems like San Francisco and atlanta are shuttered. In los angeles, the Teachers Union is calling on the l. A. Unified School District to shut down as well. Another prominent figure testing positive for virus, the wife of canadian Prime Minister, Justin Trudeau, Sophie Gregoire trudeau, has been quarantined with mild symptoms. The Prime Minister himself is in good health, but as a precaution he will be placed in isolation for 14 days. The sports and cultural events that americans lean on to escape bad news being called off themselves. Broadway shows are dark. The metropolitan museum of art, Carnegie Hall and the Metropolitan Opera House all closed. The Seattle Space needle is closed. Disney parks are closing for the First Time Since 9 11. The smithsonian and the national zoo are also going to close tomorrow. Pop star Billie Eilish postponing ten tour dates in cities across the eastern u. S. The nhl joined the nba in suspending its season. The crack of the bat also has gone silent. Mlb canceled spring training and delayed the new season by two weeks. Its important to remember here, its not just players and fans missing out, its the hotel cancellations. Its the empty restaurants. Its the supply chain before big events. The vendors, ushers and many, many other hourly workers who may have go without pay. They have less money to spend themselves. This hurts the economy far and wide. Mohammed el air ran said there is likely to be a recession. The ncaa tournament has been wiped out. No bracketology this year. Its unbelievable how quickly this has happened. The entire sports world has come to a complete halt. The ncaa shutting down march madness, the biggest of all. The nba suspending its season, the xfl canceling the rest of their season. The list goes on and on. But march madness the biggest event to go down due to coronavirus concerns. The first time its ever been canceled. The ncaa also canceling all of the spring championships, so we wont have any College World series to watch this summer either. Utah jazz allstar Donovan Mitchell confirmed he was the Second Player to test positive for the coronavirus. His teammate, rudy go o bshgsob the first. Gobert apologized for being reckless. He said the first and most important thing is i would like to apologize to the people i may have endangered. At the time i had no idea i was even infected. I was careless and make no excuse. I hope my story serves as a warning and urge everyone to take this seriously. Gobert had come under fire for playfully touching all of the medias microphones during an availability. S adam silver said the season will be suspended for at least 30 days. You think of one of those maps in the country where planes go, thats what players do, they move from city to city. Theyre in contact with the people in the arenas, hotels, other places. Thats how a virus can spread. Reporter during last charlen the studio, he revealed he was selfquarantining and was testing for coronavirus. He is awaiting the results. Sending get well wishes soon to chuck. All of this news has been depressing. How about some good news . Cavaliers star kevin love donated 100,000 to the arena workers in cleveland. The cavs saying they would be paying all event Staff Members like every game was still taking place. Love adding he hopes others step up and do the same. Its not just the players affected by this, theres so many people that depend on those paychecks. Props to kevin love and the cavs. Mark cuban also said he will try to do to help out. Nice to see you. Clearly the economy taking a hit from coronavirus, not just wall street. Parents and employees nationwide adapting to a new reality. [ ] even when your car is clean, does it still smell stuffy or stale . Try febreze car. It eliminates stuffy car odors and leaves behind a fresh scent for up to 30 days. Try febreze car in a variety of scents including extra light. 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Number one being sheyla. All, for a smoother tasting cup. Green mountain Coffee Roasters. Packed with goodness. The failure to deploy enough test kits in the u. S. Is becoming a symbol for the federal governments inadequacy in the fight for coronavirus. Public Health Experts have no idea how bad the u. S. Outbreak will get. Bottlenecks in lab testing mean there is no way to know how many infections there really are or the true extent of the pandemic nationwide or where the clusters are or how to treat them. A source inside a closed door house briefing yesterday says lawmakers were told only 11,000 tests had been run so far. You recall Vice President mike pence said millions of tests would be available by the end of the week. The cdc has committed to pay for coronavirus tests, which can cost over 1,000 and are not always covered by insurance. Lets look at the markets this morning after a vicious selloff on thursday. You have futures higher, when you factor in whats called fair value, it looks like the dow could be up 400 points. So theres some discrepancies when you have a huge move in the market like that. But still looks like a bounce. Anything can happen in the next four hours or so. In asia, spooked by what they saw in the u. S. Those markets are closed. European shares opened and they are bouncing. What happened yesterday . The worst day since black monday. That crash in 1987. The dow down 2,300 points. We have not seen that level, just above 21,000, since the summer of 2017. That means about three years of your gains are gone. The s p and nasdaq closed 9 lower. The stock market is telling us the u. S. Economy will grind to a halt. Mohammed el erian says a global recession is likely. The new york fed said they will pump 1 trillion into the system. The battered Airline Industry took more hits after news of President Trumps european travel ban, Norwegian Air temporarily laying off half of its workers. American airlines reducing International Capacity by a third over the summer. Delta suspending flights on seven european routes to and from paris and amsterdam. Airline stocks down sharply. United last a quarter of its value in one day. The nations top Infectious Disease doctor said this during a town hall. I certainly wouldnt get on a plane for a pleasure trip. It would have to be something thats really urgent. No part of the travel industry has been hit harder by the outbreak than the cruise industry. Food suppliers will lose businesses, stopovers at destinations, stores, restaurants and all kinds of activities will lose visitors and dollars. Joining us this morning is matthew egan. Good morning. Matt is joining us from home where hes part of the work from home trend were seeing across the country. Matt, im interested, with so many people working from home, with schools closed, with so many sporting events closed, the American Economy feels like its grinding to a halt here. Will that mean a recession . It increasingly looks like it will all the economists i talked to say the market right now is signaling that either were about to go into a recession or we already are. One of the biggest problems is what you mentioned, weve seen major parts of the country start to shut down. We see people working from home. Obviously that deals a major blow to some of these local businesses. Think about the pizza shops, restaurants, bars, the food trucks that all rely on a steady stream of commuters, that stream is stopping in major parts of the country. At the same time, weve seen, as you mentioned, sports leagues. Major League Baseball talking about delaying the start of the season, stopping spring training, nba, nhl on hold, soccer on hold, that will deal a blow to the economy and then you have the consumer front. Thats a big deal. This Health Crisis is dealing a big blow to consumer psychology, to consumer confidence. When that happens people often hunker down, they stop spending. Even if they want to spend now, they might not be able to. They cant go to disney. They cant go to baseball games, hockey games. All of that is certainly going to slow down the economy. One of the reasons they probably cant spend is people who have kids are out of work and now trying to think about how do i make sure my kids are cared for . Maybe i have to pay extra for a babysitter that i wasnt planning to pay. The dow down 10 yesterday, just a horrific day. Why did it plunge so fast . Why have we seen such a dramatic fall . 24 days from high to a bear market. It took 275 days for that to happen in 2008. The losses are breath taking and the speed of the losses are what is most notable. This is clearly all about fear. Investors are selling first, asking questions later. Now, the big worry is obviously the coronavirus. How bad will it get . How many people will get infected . How many people will die . How much damage will that do to the economy . No one knows those answers. Not the best economists in the world, not the best Health Experts in the world. Thats all that uncertainty is what is driving down the market. As you mentioned, the dow, worst day since 1987. But actually it was also the fifth worst day all time since the average was created in 1896. 7 7. 5 trillion in market value has been wiped off the s p 500 in not even a month. The hardest hit area of the stock market is obviously the travel industry, which is facing a 9 11 style crisis. Cruise companies, airlines, hotels, event providers. The whole industry is getting hit. The Energy Sector is also getting clobbered. Weve seen just unprecedented selling in oil prices and now theres real bankruptcy fears there. Clearly investors are looking to washington to do more to try to instill some confidence. Clearly confidence is all but gone on wall street right now. We saw the fed step in and say they would inject 1 1. 5 trillion, an astonishing amount of money and the dow still closed down 10 . Watching to see how much more the fed can do. Nice to see you. Thanks, matt. In less than 19 hours, travel for europeans to the u. S. Shut down completely. What are travelers saying . Cnn is live in paris next. Go on and ask her. Tell her how you feel. Cause there is no doubt this love is real ooohh. Take the leap, with our diamond price match guarantee. Jared. Unlike ordinary memory wantsupplementstter . Neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. Memory, focus, accuracy, learning, and concentration. Try neuriva for 30 days and see the difference. 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And get notifications when the games about to start, with the xfinity sports zone, everybody wins. Now thats simple, easy, awesome. Say xfinity sports zone into your voice remote today. The u. S. Is preparing to implement large travel restrictions for europe. President trump called it an outright ban but then clarified american citizens are exempt. The ban is mostly for foreign nationals. Jim bitterman is live at Charles De Gaulle airport. What are you hearing on the ground there . Whats the mood . Its a little bit of panic, but not much. This is a delta ticket counter behind me, theres a lot of delta flights as the day goes on here. Theres been a number of people this morning, close to 100 in line waiting to change their tickets. Theyve managed to do that so the lines have thinned down. The confused messaging was a problem. People didnt know who to believe about what exactly was going to happen in the United States. We talked to a psychologist from los angeles on her way back home who cut her trip short, she said she described it as mass hysteria. Heres what she had to say. Yesterday morning, all these texts, all this stuff, they said you need to get out of here by tonight, march 13th, or youll be held in the country for 30 days. You will not be able to get out for 30 days. I was on the phone yesterday with expedia for four hours to get everything changed. And i got here just, like i left l. A. X. On monday, and i got here on tuesday. Some of that anxiety has been caused by the fact that the airlines themselves have been cutting back on flights. So americans over here are wondering about whether theyll be able to get seats coming back. Delta says as of sunday theyll cut back on european flights. American Airlines Says theyre going to be looking over things for the next several days and cutting back on flights. So some of it is necessary panic and real worry about finding an airplane to take people back home. So much understandable frustration. You can see it from that psychologist that you interviewed there. Jim, thank you very much for being there for us. 25 minutes past the hour. Essentially society as we know it coming to a standstill. Closures and cancellations, pile up for schools, work, cultural spots, families nationwide adapting. How long will this last . T today. One blood clot puts you at risk of having another, so we chose xarelto®, to help keep you protected. Xarelto® is proven to treat and reduce the risk of dvt or pe blood clots from happening again. Almost 98 of people did not have another dvt or pe. Dont stop taking xarelto® without talking to your doctor, as this may increase your risk of blood clots. While taking, a spinal injection increases the risk of blood clots, which may cause paralysis the inability to move. 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Ask your doctor if starting hiv treatment with dovato is right for you. America grinds to a halt. Schools, sports, work, big changes as closures and cancellations pile up. The big question this morning, where are the tests . Welcome back to early start. Im laura jarrett. Im christine romans. Its 30 minutes past the hour. Americas closed or closing or on the verge of closing. The bottom line, state and local government is, and famous cultural hubs that are part of the fabric of American Life are shutting their doors. The threat of coronavirus changing our way of life, at least temporarily. The effects practical and emotional are creeping into everyones lives. A subject addressed at cnns coronavirus town hall last night. Its such sort of a challenge and exercise in managing uncertainty. Because you look at it and you try to gauge should i be incredibly concerned . Is this life threatening . Or is this simply a new and unfamiliar threat which always will have an exaggerated sort of anxiety and stress response . We live with risk and Health Threats every day. And we have an incredible ability actually to cope with that, to make rational choices about how we manage all of that. There are now at least 1,666 coronavirus cases in the United States. Up from 227 a week ago. All but three states have cases. 41 people have died so far. Long lines and empty shelves greet shoppers nationwide trying to stock up on basics, unsure if they may be asked to selfquarantine or if schools may be closed forcing major changes at home. Many are trying to balance their jobs and lack of paid sick leave with caring for their own aging parents, a lot of them at an age where contracting the virus could be more serious. There are also worries about running out of medications and worries about our Health Care System under stress. Still with no clear plan on how everyone who needs to get a test gets one. An astonishing 4. 9 million kids are now out of school for reasons related to the coronavirus such as cleaning or planning. At least 10,600 schools have been closed or are scheduled to be closed that includes all schools in maryland, ohio, kentucky and new mexico. Michigan will shutter all classrooms starting on monday. Washingtons governor closed schools in three hard hit districts and told all districts to prepare to close and big systems like San Francisco and atlanta are shuttered. In los angeles, the Teachers Union is calling on the l. A. Unified School District to shut down as well. Another prominent figure testing positive for coronavirus. The wife of canadian Prime MinisterJustin Trudeau, Sophie Gregoire trudeau, has been quarantined with mild symptoms. The Prime Minister himself is in good health but as a precaution he will be put into isolation for 14 days. Now the sports and cultural events that americans lean on to escape bad news being called off themselves. Broadway shows are dark. The metropolitan museum of art, Carnegie Hall and the Metropolitan Opera House all closed. The Seattle Space needle is closed. Disney parks are closing for the First Time Since 9 11. The smithsonian and the national zoo are also going to close tomorrow. Pop star Billie Eilish postponing ten tour dates in cities across the eastern u. S. The nhl joined the nba in suspending its season. The crack of the bat also has gone silent. Mlb canceled spring training and delayed the new season by two weeks. Which could also be extended. March madness has been canceled altogether. Its not just players and fans missing out. Think of the hotel cancellations, empty restaurants, supply chains before big events, the vendors, ushers and many other hourly workers who may have go without pay. They have less money to spend themselves, and this hurts the economy far and wide. Nba legend Charles Barkley now says he is being tested. Im really hoping it was just a bug, but like i said, i was in new york earlier this week, there was a hot spot. When i got to atlanta, i wasnt feeling well. So, why was barkley in new york . He appeared on the late show. No doubt their staff is looking at that situation. Jimmy fallon and seth meyers were already suspending production on their shows. With barkley tested and two jazz players tested, its raising questions how some are getting tested so fast while ordinary americans are being denied tests. One of the biggest questions about coronavirus is who can get tested and wehen . People are contacting cnn saying theyre suffering symptoms and are frustrated they cant get tested. That includes this teacher from texas home sick since monday. She said i did not fit one of the two cdc guidelines, which to her was, one, i traveled somewhere where there is infection, internationally is what they initially asked me when i went to the doctor. Two, i had not come in contact with someone positive for coronavirus. Thats only as far as you know, right . Exactly. How do you know if theres no testing . How do you know what containment is if theres no testing . President trump claims the system is working, but a Top Health Official disagrees. Frankly the testing is going very smoothly. The system does not is not really geared to what we need right now. It is a failing. Lets admit it. A failing says dr. Fauci. The issue is particularly acute in new rochelle, new york, one of the biggest coronavirus clusters in the u. S. All public school, if theres are Public Schools there are now closed. The National Guard is making sure kids can still get their daily meals. Dr. Sanjay gupta has an exclusive look inside one hospital treating patients. New rochelle has one of the highest concentrations of patients who have been diagnosed with this coronavirus, the number went from very small just a week ago to over 148 now i believe. Its changing rapidly. The question has been for a long time how prepared are the hospitals that need to take care of these patients . Im concerned. When we use the word pandemic, that tells us all its serious. Reporter dr. Teresa madaline is the epidemiologist who managing new rochelle hospital and ten other hospitals that make up the front fmontefiore h care system. She gave us an exclusive look at the hospital which is at the center of one of the largest outbreaks. On march 2nd, the first positive patient in West Chester County appeared, right here in new rochelle. A 50yearold attorney who works in manhattan. On march 4th, two days later, his two children and wife tested positive. So did his neighbor. By march 6th, the new rochelle hospital received its first confirmed patient. To give you a sense of how fast this is all moving, not even a week later, there are now at least 148 positive patients in the county. If you look at those curves, they go like this. Then all of a sudden like this. Thats what youre preparing for here . Thats right. Reporter your icu is full. It is. Reporter how will you handle this part of things . Well, we have plans for transferring patients to different places if we have to. We have plans for setting up different units in other areas of the hospital if we have to do that. Its a matter of keeping our eye on the situation all day every day and being ready to push the button at any moment. Reporter right now the hospital has one confirmed coronavirus patient, six others with symptoms they are closely monitoring. It just started as a cold. I still dont know if i have it or not. It started as a cold. You know, just want to be safe, get checked out. Reporter but heres the thing. With every new or suspected patient, it comes down to resources. So this has become a pretty precious commodity. Ventilators, machines that can help patients breathe are in high demand. You just cant move them to any room. You need backup power supply and, of course, you need an oxygen line. I think sharing of resources and thinking really creatively as not just Montefiore Health system but also nationally, we need to begin collaborating together and thinking about this on a larger scale. Reporter are you able to keep up. Right now we are, but things change quickly. Were preparing for if resources get tight or if it gets to be a Surge Capacity situation. Reporter so that means keeping things, even like masks, under lock and key. Stocking up on gowns and cleaning wipes in warehouses. All of this at a premium during an outbreak. Down to every last swab. Also very important, talking about testing. They told me there today that they were actually starting their own testing protocols and their ability to test within the hospital itself. Its going to take some time to get that up and running but thats what they have to do in order to keep up with the demand thats clearly arriving as well. Christine, laura . All right, sanjay. It occurs to me, slowing everything down, youre risking a recession in the United States for the wellbeing of the american people. To beat back the virus, you have to slow everything down, risk a recession so you can grind the economy to a halt. Making enormous sacrifices to keep people safe. All those people who need tests, when will they get them and why isnt the president concerned standing shouldertoshoulder with someone who has coronavirus . With nine grams of protein and twentyseven vitamins and minerals. Ensure, for strength and energy. Were proving the new keurig kduo brewer makes any occasion the perfect coffee occasion. 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Is becoming a symbol for the federal governments inadequacy in the fight against coronavirus. Right now public Health Experts have no idea how bad the u. S. Outbreak will get. Bottlenecks in lab testing mean theres no way to know how many infections there really are at this point or the true extent of the pandemic nationwide. A source inside a closed door briefing yesterday said lawmakers were told only 11,000 tests were run. Mike pence said millions of tests would be available by the end of the week. The cdc committed to pay for coronavirus testing, which could cost over 1,000 and is not always covered by insurance. Lets bring in zack this morning. The issue of this testing has become, i think, the powder keg for the administration. Abroad people are getting tested left and right. Theres drivethrus, here thats not the case, either because we werent prepared for it in the first place or we have not caught up to the demand were seeing now. I want to play what dr. Fauci said about what he called simply a failure yesterday. It is a failing. Lets admit it. The idea of anybody getting it easily the way people in other countries are doing t were not set up for that. I do think we should be . Yes. But were not. Meanwhile, President Trump is saying everything is going smoothly, theres no problem here. But we know that that simply is not true. All the reporting shows people who want to get tested are being essentially stonewalled. Yeah. You know, i think probably there is an argument, maybe potentially from a Public Health perspective, you have to talk to the doctors about this, everybody who wants to get tested may not get a test. It seems like people who need to be tested are now getting tested. Thats really concerning. I think theyll be talking about this and studying what exactly happened at the cdc and at the federal level where they were essentially standing in the way of states and hospitals trying to test people, they were not giving authorizations to test people. They messed up the development of the test to begin with. And then they just didnt play catch up in a fast enough way. Now states are trying to do endarounds around the federal government. It seems like a total mess and not what needs to be happening now when we have the number of cases ballooning around us. It seems like such a shame. It feels like it all could have been avoided with better planning. Your news later is so good. You said last night the coronavirus is not the Zombie Apocalypse or an alien invasion. The pandemic may not kill you but it might if youre older or otherwise at risk. That is what makes it so terrifying. Thats why you can see companies and communities managing the economy down to a halt. Really risking recession to stop the economy, to slow the spread. Its all about pushing down this curve. Youve probably seen this graphic everywhere, flattening the coronavirus curve. Pushing out, doing broad protective measures to keep these numbers spread out so you dont overwhelm the Health Care System. I think its remarkable that the leadership is coming from local communities, local School Districts, governors and mayors and industries, zack. Yeah. I do want to say, i spent some time earlier in the week looking at the federal pandemic plan. There are a couple. All the states have them. Thats a little bit the way its supposed to be. This is supposed to be a bottomup management of this kind of thing. If you think of this country as 350 million people, you probably dont want the department of education saying, oh, we want to close every Single School in the country. True. Its not necessary. I live in virginia. Some of the schools are open. Theyve closed them in maryland. You know, this sort of federalist country that we have, thats the way its supposed to be. So i dont want to say, you know, the federal government should be mandating all of these things. They need to find a more effective way to communicate, however, to the states and to the local officials with one voice because you have Anthony Fauci saying one set of things and President Trump saying another set of things, and that causes a serious amount of confusion. Certainly for me, and definitely for anybody who is just who is diving in for the first time or not not paying quite as much attention to this. Zach, why wont President Trump get tested himself . We know that he has come into contact with at least one person who has tested positive, this brazilian official who was down with him at maralago. Theyre photographed together, extremely close. Closer than us. Hes also been around plenty of people who were at cpac last week, who were in contact with somebody who has tested positive for the virus. Yet he continues to say im not concerned. Is this is this a representative of the leadership that you should want to see from the president of the United States . Probably not. I mean, hes also older. He has Underlying Health conditions. He is the hes been traveling. Hes the perfect person you would think who would be able to get hes also the leader of the free world. Lets not forget, hes maybe a little bit more important than average joe or me or other people. We probably need to know if hes sick or not. Maybe it has something to do with his germaphobya or something to do with he hopes this all will go away. Its not going to go away. I dont think thats an answerable question at the moment. They need to fix it. Its just so curious. Other leaders who have come into remote contact Justin Trudeau is quarantining for 14 days even though he doesnt have the virus but his wife has symptoms. Just get it done. Right. Zach, you are important. You are just as important as the leader of the free world. I dont know about that, but thank you. Thanks, zach. Well be right back. Tmobile has the first and only, nationwide 5g network. And with it, you can shape the future. Weve invested 30 billion dollars and built our new 5g network for businesses like yours. While some 5g signals only go a few blocks, tmobile 5g goes for miles. No other 5g signal goes farther or is more reliable in business. Tomorrow is in your hands. Partner with tmobile for business today. Calfshredding shoes with special rubber platforms designed to increase vertical jump sure, they look ridiculous but nothing looks more ridiculous than going up for a dunk and coming up two inches short. Invest in Innovative Companies with invesco qqq thousands of women with metastatic Breast Cancer, which is Breast Cancer that has spread to other parts of the body, are living in the moment and taking ibrance. Ibrance with an aromatase inhibitor is for postmenopausal women or for men with hr her2 metastatic Breast Cancer, as the first hormonal based therapy. Ibrance plus letrozole significantly delayed disease progression versus letrozole, and shrank tumors in over half of patients. Patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. Ibrance may cause severe inflammation of the lungs that can lead to death. Tell your doctor right away if you have new or worsening symptoms, including trouble breathing, shortness of breath, cough, or chest pain. Before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are pregnant, breastfeeding, or plan to become pregnant. Common side effects include low red blood cell and low platelet counts, infections, tiredness, nausea, sore mouth, abnormalities in liver blood tests, diarrhea, hair thinning or loss, vomiting, rash, and loss of appetite. Be in your moment. Ask your doctor about ibrance. How we worship, or who we love. And the 2020 census is how that great promise is kept. Because this is the count that informs where hundreds of billions in funding will go each year for things like education, healthcare, and programs that touch us all. Shape your future. Start here. Learn more at 2020census. Gov [ fastpaced drumming ] just about the top of the hour. Youre looking at futures now suggesting a little bit of a bounce back. I say a little because when you adjust for something called fair value after such a wild day, youre looking at maybe a 600point advance on the dow. Remember, it fell 2,300 yesterday. In asia, stocks closed lower following the terrible tone from the u. S. European shares have opened, theyve opened higher, also trying to bounce back after their worst day in years there. Stocks recorded their worst day since the black monday crash of 1987 in the u. S. The dow down 2,300 points. We have not seen that level now, 21,200, this is summer of 2017, more than 2 1 2 years of gains evaporated because of risks of recession because of the coronavirus. The s p 500, the nasdaq both down nearly 10 . They are all in a bear market. The stock market is telling us the u. S. Economy will grind to a halt and Mohamed Elerian is saying a global recession is more likely. The battered Airline Industry took more hits after news of President Trumps european travel ban. Norwegian air temporarily laying off half of its workers. American airlines reducing International Capacity by a Airline Stocks down sharply. The nations top Infectious Disease doctor said this during a cnn town hall. I certainly wouldnt get on a plane for a pleasure trip. It would have to be something that was really urgent. Post 9 11 style fear in the industry. No part of the travel industry has been hit harder than the cruise industry. Princess and viking cruises will halt all operations until may. Its not just the cruise industry, its all the other food suppliers will lose businesses, stopovers at destinations will halt. We want to see how seriously italy is taking coronavirus. All catholic churches in rome will be closed until april 3rd. The move is unprecedented. The first time in history that all churches have been closed to the faithful that includes the bubonic plague. That was in 1347. Italy has more than 15,000 coronavirus cases. The most outside china. The pent again wants to reconsider a multibillion dollar Cloud Computing contract awarded to microsoft. Amazon challenged the decision in court. Amazon claimed it was influenced by the president s frequent criticism of amazons ceo, jeff bezos, also the owner of the washington post. The contract provides Cloud Storage of sensitive military data and technology for the pentagon. Amazon web services praised the Defense Department for acknowledging substantial and legitimate issues with the way the decision was made. Microsoft insists it earned the business but says reconsidering a small number of factors is best. We know its been a challenging week for everybody with coronavirus chaos. So we leave you with a story to lift your spirits. Over the past nine years, North CarolinaPolice Officer michael rivers has come to known the homeless in his community. This week he noticed a new face, a woman whose shirt read homeless, the fastest way of becoming a nobody. Rivers asked if she had eaten that day, she said no. So he picked up two pizzas, sat on the grass and shared lunch with her. For 45 minutes the woman shared her life story with officer rivers. Wow. That gives me goosebumps. Exactly what we needed to hear today. Yeah. Thank you for him and best of luck for her. 59 minutes past the hour. Thanks for joining us. Im christine romans. Im laura jarrett. Have a great weekend. New day starts right now. Life screeching to a halt aro across the country as officials try to contain the spread of coronavirus. Concerts canceled. Spring break canceled. Sports seasons postponed. Never seen anything like this in the world of sports. Reduce the number of people, no gathering with 500 people or morements. All broadway shows have suspended