Univision so much to get to on this very busy day so lets get started and we begin where else but with the very latest on the coronavirus as that surge of new cases is rising outside of china were also seeing markets react very strongly kristie is the latest on that coming up in just a 2nd but right now lets take a look at the boom of new cases in south korea as well as iran lets start in south korea where virtually all of the new cases are connected to a mega church about 200000 people in fact about 60 percent of all south koreas cases of the coronavirus or link to the church of jesus where it apparently a 61 year old woman began transmitting the virus its not clear how she became infected but now south korean officials have announced that they will test all 215000 members of that church south koreas number of confirmed infections has risen to 893 the largest number outside of china meanwhile iran is claiming that only 12 people have died from the virus. In that country that claim tho
Theres a lot on the table. You think about autos, agriculture, infrastructure. Theres a lot of stuff here where xi jinping and President Trump will try to find some Common Ground. This has been one of the more tense relationships as far as foreign relations. Scarlet President Trump spoke with taiwans president shortly after he won the election because that broke a Cardinal Rule the recognition of taiwan and taiwans leader as an equal. China reminded him of that by telling him by not speaking to him for a couple of weeks. Tocalled president xi reaffirm his position on the one china policy. Lets get you to Abigail Doolittle with a check on the markets. Less than two hours to go before the close of trading. Abigail gains in the major averages. The dow, s p 500 and nasdaq all up. 3 or more. This comes after the bearish reversal yesterday. We are starting to seeee more volatility. We had the big selloff more than two weeks ago. Volatility usually breeds volatility. Todays calm may not last.
Theres a lot on the table. You think about autos, agriculture, infrastructure. Theres a lot of stuff here where xi jinping and President Trump will try to find some Common Ground. This has been one of the more tense relationships as far as foreign relations. Scarlet President Trump spoke with taiwans president shortly after he won the election because that broke a Cardinal Rule the recognition of taiwan and taiwans leader as an equal. China reminded him of that by telling him by not speaking to him for a couple of weeks. Tocalled president xi reaffirm his position on the one china policy. Lets get you to Abigail Doolittle with a check on the markets. Less than two hours to go before the close of trading. Abigail gains in the major averages. The dow, s p 500 and nasdaq all up. 3 or more. This comes after the bearish reversal yesterday. We are starting to seeee more volatility. We had the big selloff more than two weeks ago. Volatility usually breeds volatility. Todays calm may not last.
Theres a lot on the table. You think about autos, agriculture, infrastructure. Theres a lot of stuff here where xi jinping and President Trump will try to find some Common Ground. This has been one of the more tense relationships as far as foreign relations. Scarlet President Trump spoke with taiwans president shortly after he won the election because that broke a Cardinal Rule the recognition of taiwan and taiwans leader as an equal. China reminded him of that by telling him by not speaking to him for a couple of weeks. Tocalled president xi reaffirm his position on the one china policy. Lets get you to Abigail Doolittle with a check on the markets. Less than two hours to go before the close of trading. Abigail gains in the major averages. The dow, s p 500 and nasdaq all up. 3 or more. This comes after the bearish reversal yesterday. We are starting to seeee more volatility. We had the big selloff more than two weeks ago. Volatility usually breeds volatility. Todays calm may not last.
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive euro zone quantitateive easing plan like one in the u. S. The past few years. That would weaken the euro sending investors flooding into the frank. Lisa boyason has more. Shes in zurich. Reporter a swiss shock. Theres simply no other way of describing what took place on the swiss markets. The Swiss National bank coming through and surprising everybody by deciding to scrap a cap thats been in place preventing the swiss frank from appreciating above a certain level towards the euro. At the same time