Covid19 describe what its like to have the illness. Its tuesday, march 17th, 2020. Well have the latest after todays eye opener, your world in 90 seconds. This is a virus. We can conquer this. But it will be strictly on the basis of our behaviors and what we do. Americans prepare for coronavirus restrictions. President trump says people should prepare for the impact of this pandemic to stretch well into the summer. People are talking about july, august, Something Like that. So it could be right in that period of time where i say wash it washes through. Markets took another big hit because of coronavirus. The dow dropped nearly 3,000 points. Truly sickening day with a horrendous last hour. Its finally dawning on people that were in a real crisis here. Hang in there. Support local. Please. In addition to bars and restaurants being forced to close, gyms and Fitness Centers are temporarily shutting their doors, too. Im against the fact i cant do leg day tomorrow. Thats a sad thing. Despite
We had reached that 2000 level at 20,000 level. Coming back up against that. Tohink volatility is here stay. That might be the least most can say. Some peoplehear saying raise the possibility markets. He something suggested sec close the earnings this quarter. She said, most companies now are even being able to report quarterly guidance. They are just pulling their forecast. They even dont know the forecast. And try tocome out find a forecast for the s p 500 onearnings per shared growth year over year basis. Think of all the concerns. We will not get those answers or so untilmonth the 1st quarter ends. We start to get reporting for sole of those companies. Are some good winners today. There are few that i should mention that does remain in the healthcare space. This is interesting. Theyre working with pfizer on a potential vaccine. Trials looking for human early this summer. Early vaccine they are working on. Theainly some good news in markets. Appreciate that report. Now to chicago, w
Begin to open questions about what does that mean, what are the risks inherent in that absolutely, rick, this is an issue that markets are paying attention to but again, both the commercial paper funding, if we get a facility, a similar way of trying to provide liquidity to markets and make sure companies can keep the doors open would certainly be steps forward to make sure that corporate sector doesnt experience too much stress as a result of this excellent thank you for your thoughts. Were running light on time and we will have you back as this proce progresses back to you. Good tuesday morning. Im Carl Quintanilla here at post nine of the new york stock exchange, Morgan Brennan at headquarters, jon fortt heads our coverage from the floor of the nyse compared to yesterday, relatively stable action no Circuit Breakers taken today, did lose 20 k briefly. Lets get to bob pisani. Not only is it a no, sir cut breakers but the volume is lower and the key event this week is going to be the
Essential employee meaning you work with food or you are a First Responder and well give you bigger list in just a few moments, but james terry a i want to show you this is such an eerie sight, ive been in San Francisco for 20 years and ive been here since i was 3 yearsold visiting off and on before arriving. I have never seen this site before look at this what dont you see james and area. Were on california street. Yeah, thats pretty crazy assist to chatting with robin across the studio said 8 oclock in San Francisco. And you see a parking space available. Thats incredible. And you do not see cable cars. Yeah, i mean that is as much as San Franciscos the Golden Gate Bridge and fog but no cable cars because they are trying to limit the amount of people moving about to create social dismiss this is what its all about a slowdown. The spread of coronavirus and it is spreading across at least the shelter in place for 6 bay area counties so take a look at your screen. I mean lets just face
Coronavirus fearing weighs on the market, surpassing 100,000 worldwide. We are expecting a briefing from Vice President mike pence a bit hear this evening. Though that survey was conducted in the middle of february before the outbreak took hold in the u. S. In just a few moments well talk about russ cost rich he says the u. S. Consumer remains strong and where he is putting to work now. Dan, what are you doing . Not a whole heck of a lot week on week, there was a bit of optimism. As investors star thinking about how to allocate towards equities visibility will be the big point. I think i dont think were going to get that anytime soon right now. That was the low for this move you had a strong reversal off of that we set ourselves up for a powerful rally, but most of that snsht has dissipated, so some say you will have to retest the low, and were doing it right now on a relatively tenuous way, so i still think, given the stress in credit markets, stocks are not yet convincingly saying we