There and i think they will. The legislation includes assistance for large and small businesses. Stocks surged on the news. The dow was up 2100 points. More than 11 . That is the biggest point gain ever and the biggest percentage gain since 1933. The nasdaq up 557 points. 8 . And the s p 500 jumped 209. An increase of 9 . Ktvus Jana Katsuyama talked to bay area congresswoman tonight and she is here now with more on the legislation considered in washington. Reporter after 1 00 a. M. In washington, d. C. And Senate Leaders have been working all night. They are very close to a final bill. Bay area congresswoman here in oakland was part of crafting the bill and she did say there was a bipartisan spirit. Today the white house briefed the country on the plans moving forward. Easter is our time line. What a great time line that would be. Reporter President Trump tuesday hopes the social distancing orders can be lifted in less Populated Areas by april 12. Our decision will be based on facts an
Branson is flying medical with many events cance supplies to the bay area. His son had high hopes to but we begin with disappointed compete in fencing. Now with more time train, it athletes as the Pandemic Forces will be more meaningful. If we can defeat this the cancellation of the 2020 pandemic that is happening right now, and then come together in a celebration of sport afterwards in the summer olympics. Ktvus azenith smith, you olympics, it will be a true talked to a bay area olympic testament to that olympic spirit. Hopeful. Reporter the olympics have. The games was scheduled for been cancked before during war. Athletes say this was the only option. July 24, the date for the olympics are not yet known. Definitely hard news to think about. Something so special for me and only sometime next year. All athletes. Azenith smith, ktvu fox 2 news. Governor gavin newsom said reporter he is on the u. S. Olympic table tennis team. More aid is on the way to california, including a shipment of
A move like we saw yesterday doesnt typically begin the recovery from a dow turn the likes of which weve had, does it no this is one of the greatest oneday bull markets ive seen. You had to come in at the darkest hour, if you didnt, youre coming in on total quicksand. We had a move that was so accentuated by the machines, algorithmic. They exacerbate which ever direction it is. I hate it as much when it goes up as when it goes down, it brings in a lot of people who think maybe its all clear its not all clear its almost like youre lucky if you bought yesterday and you should ring the register today weve seen prices that will hold up but everything ive heard this morning is about how were ready and open for business, but no one talking about going to where theyre ready. Boeing, yeah, thats great you want to fly . When do you want to fly again . Thats a great question, jim. When you talk about what life is going to be like once the crisis passes right or when people go back to socalled no
Flights than ever. Passenger traffic down 29 compared this time last year. The freeways around the bay area rushhour looking fluid and empty right now. A sign bay area residents are taking the lockdown seriously. When will we know the worst has come . Wilson walker joins us now with that. Reporter everything we know from our epidemiologists and experts tells us that in a matter of days we will have serious constraints on the provision of medical services to those who need help. San jose mayor said it is just days away the moment the crisis really starts to unfold in our hospitals. It is a disaster that for now can be hard to see coming. Even though it has already upended our lives. People sacrifice in compliance with this tough advice is hard. They cant see the impact right now. They have to trust us. If youre skeptical and dont see the impact in your Community Look at italy. We are a couple weeks behind italy. By that approach one would say you are going to start to see a substantial
Checkpoint and sent home on monday. In washington, President Trump has just signed a coronavirus funding bill that would provide relief to businesses and people impacted by the virus. It offers more than 100 billion in food assistance. It includes guaranteed sick leave for workers and to make testing virus for the costfree. The United States and canada have agreed to temporarily close their share boarder to nonessential travel. Both President Trump and canadian prime minister, justin trudeau, say trade will not be affected by this closure. In california, Governor Newsom has told the National Guard to be ready to step in if communities need extra help during the coronavirus crisis. The governor says the troops can provide humanitarian missions like distributing food and supporting public safety. Health officials in napa county have ordered a shelterinplace directive as farring tomorrow at midnight to avoid spreading the coronavirus. There are no confirmed cases of covid19 in napa. A pas