Comfort comes in to pier 90 here in midtown manhattan, a sign that more help is on the way. We are expecting news conferences shortly from the mayor bill de blasio and new yorks Governor Andrew Cuomo here, sara. Contessa, ill take it. Remarkable pictures as you said of the Field Hospital in the park and the comfort. Well be watching for the governors briefing we think in the coming moments good monday morning. Im Carl Quintanilla with Morgan Brennan and jon fortt, as we continue to practice social distancing as a precaution here at cnbc. Markets have been enjoying a relatively stable day. Weve been in a range of probably plus t2 or 300 points n the dow. Boeing one swing factor, but overall rates coming down, guys, as we see at least some relative stability in stocks and the degree to which that helps us repair other markets will take time to understand eamon javers is going to remind us of a political story from a couple weeks ago he has that this morning as well hey, eamon yeah. It se
Around the world from hong kong to brussels, berlin, new york, and washington. Our bloombergs voices are on the ground with the top stories. We begin in asia. The death toll from the exceedsrus exudes 2000 in china. Walk me through of what were hearing from the government in terms of supporting the economy. The 75,000to get to new cases of shared of this virus new cases out there this virus. This may have been a lot worse a lot worse. There is a 70yearold man in hong kong who succumbed to his illness at the hospital. He had underlying issues. But lets talk about the cruise ships. We have one in cambodia and we whichhe diamond princess have the most localized cases outside of japan. People are being led off that boat and being evacuated. If you test negative, it can reappear. It can remain dormant. What are we doing here . What is happening . Theyre suggesting a 14 day quarantine when you leave the boat. We were talking about how the Chinese Market was of thirdbiggest Aviation Market in
Weigh s wider restrictions on huawei road map begins with apples coronavirus warning cautioning it does not expect to meet quarterly revenue forecasts. Shares are sinking and dragging the dow down with it plus big tech needs more regulation. Why Mark Zuckerberg is calling for more scrutiny of facebook. And walmart earnings look to fall short as the whole day season takes a hit well hear exclusively from Doug Mcmillon in a few moments. Apple warns it will not meet prior revenue projection due to the coronavirus outbreak the virus limited iphone production and resulted in weaker demand in china jim was talking about getting hit on the supply and the demand side although that original range was above estimates. So how much are we really losing i think that people dont want to hear this. Everyone that i spoke to the chatter is come on, jim, its really bad i disagree in terms of the rest of the world its gotten better part of what i hear, the work i do dont forget, a lot of Service Revenue
Paid that change, these are the numbers everyone is watching for. Plus 7. 6 million. What analysts were looking for which was not. 3 2 million. Netflix is disappointing here with its change net subscribers. Caroline thats despite Stranger Things at the game of thrones. Off by 2 now. I think we will have to read through the entire statement before we get a direction. Were going to dive in momentarily but lets dive into the action with our reporters. I am looking at an interesting divergence on the day the s p 500 basically flat down slightly as you all were talking. Look at the Energy Sector down 1. 4 underperforming. Xle only 1 within the one is higher. Not entirely clear what is behind the divergence but it could present a buying opportunity in this year today chart where we have a reliable downgrade. Every time we go above the 50 day moving average, the excellent has productively moved up. Day,is goes above the 50 if that move does happen in the xle. Chipmaker stocks took a hit today
Herridge in washington. Catherine the hearings just wrapped up. The white house is advancing a new and dangerous theory, the crony privilege. It makes immunity look good by comparison. This is a coverup plain and simple. This hearing which is now as you said under the new rules, i have never seen a majority so malaise with packaging. They cant sell the product. Catherine the white house claimed president ial immunity for rob porter and rick dearborn. No, i went on vacation. You went on vacation. So you put the message in the safe, in your safe in your home for safekeeping, correct . Before you went on vacation . I took my kid to the beach than that was more a priority. Did you tell mr. Deesh born you would be fired if you didnt take the meeting. I cant disclose my discussions with the president or his advisors to protect president ial confidentiality. Corey lewandowski tweeted out the website for a potential 2020 senate bid. I think this fake russia collusion narrative is one of the gr