Futures searching for direction. Take a look, gain in the dow but decline on s p after wild day yesterday. Dow erasing all of its early gains of more than 900 points to end the day negative yesterday at 4 00 oclock on wall street, the dow industrials coming down from a gain of 900 to end down 26, the nasdaq down 25 and s p 4 points. Treasury secretary mnuchin seeking 250 quadrillion. If the money did run out the white house would go back to congress and ask for more. Meanwhile in china the country ending the lockdown of wuhan, people allow today leave the city where outbreak began. Mornings with maria is live right now. Global markets this morning red across the board in europe. Take a look at european indices, cac quarante 75. Still no unified response in europe to coronavirus pandemic from European Union leaders following 16 hours of discussions, talks set to resume tomorrow. Boris johnson remains in intensive care as he battles coronavirus. Overnight in asia and markets in china, so
A little luck a little. To get from the numbers not just stabilize. The rebuilding of Public Health at 1st. Class mexico declares a Health Emergency and i asked people to observe voluntary confinement and the race for a vaccine scientists across the wild work flat out to find a way to protect us all from cold at night. Thank you very much for joining as we begin in the u. S. Now the global at the center of coronavirus cases more than 3000 people have died over a 1000 of them in new york state alone the worst affected region across the country more than 160000 people are infected after dismissing the dangers posed by covert 19 in the early stages of the outbreak u. S. President donald trump now says his administration is ramping up testing. Today we reached the historic biles stoner a war against the. Euro virus over 1000000 americans have now been tested more than any other country by far not even close and tested accurately aljazeera is rob reynolds is in the sanjay as he explains tha
Continued coverage of the coronavirus outbreak begins now. Good morning and welcome breaking news, the Senate Passing an historic Coronavirus Relief package last night with a unanimous 960 vote. Chris joins us from new york what are the next steps for this bill reporter after days of partisan disagreement, the Senate Finally reached Common Ground on this vote, the yays are 96 the nays are zero. Reporter hopes to help the people blindsided by the coronavirus outbreak we are going through a crisis unprecedented. Im damn proud of the work weve done reporter sending 1,200 checks to individuals, 2,400 for families and 500 per child. Relief for the nations hospitals. Expanded Unemployment Benefits which means four months of payments for workers that will give them a sense of security they dont have right now. Think of the size of the bill you are asking members to vote on they should have the ability to have their voice be heard whether they are for it or against it passing within hours. The
The u. S. Senates lack of progress on a coronavirus to miss bill pushes Global Stock Markets into the red and italys daily coronavirus death toll falls but still exceeds 650. 00 production is at a standstill and all internal travel bans. Singapore airlines and its regional and low cost arms are grounding 96 percent of the fleets the Aviation Industry is reeling from collapsing passenger numbers and border closures due to the coronavirus been demi the United Arab Emirates home to the International Hub dubai is suspending all passenger flights including transit travel is now the news in the viral at the center its not a 651. 00 people have died and the government has imposed new lockdown. Measures now this is a global snapshot from the u. S. Based John Hopkins University about 3 136000 infections since the outbreak began and almost 99000 people have recovered more than 14600 have died or lets talk to diego pollen in hong kong about the travel restrictions across asia deviates not just Si
States to withhold unemployment claims data. It is friday, march 20, 2020 good morning welcome. Im Morgan Brennan live at cnbc headquarters we begin with breaking news. Yesterdays gains. Futures pointing to a higher open with the dow pointing to open up over 844 s p posed to open at 98 and the nasdaq now up 358. This is after the futures market opened last night in the red weve seen a reversal there. It is the first day of a less than 1 move in trading in 14 trading sessions so it gives you an idea of how much volatility has ebbed. The s p ending up about half a percent above 2,400. Similar for the dow, which closed back about 20,000 barring any historic move, the dow does remain on pace for the worst Weekly Performance since the financial crisis when it fell more than 18 in a single week s p and nasdaq tracking for the worse week since february. All three still trading well below 20 from recent 52week highs we reached just last month. Taking a look at the bond market we are seeing inv