Is different. In new york the crisis grows. An Emergency Hospital built in central park to deal with the onslaught. Nightmare at sea. Were in the middle of the ocean. Were stuck. Passengers stranded for weeks on a cruise ship carrying four bodies and more than 100 people with coronaviruslike symptoms just ahead, their long journey home to florida and the growing pressure on the state to turn the ship away. On strike. Thousands of workers at amazon and other Online Delivery Services walking off the job today, accusing their companies of putting profits ahead of their health those stories, plus coming together rise up yeah elton john teams up with his superstar friends for a oneofakind concert. Always be my baby inside the unique benefit for these unusual times, today monday march 30th, 2020. Announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb. Hi, everybody, good morning welcome to you today its nice to have you with u
Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding cases of coronavirus here in new york city which is the epice
Help and quick help at trillion. This is one of the most expensive and far reaching deals ever made in congress is good news for the doctors and nurses and Emergency Rooms around the country are waiting for more mouse and more funding. Its good news for families all across america while all the details havent been released yet the breakdown includes billion for direct payments to individuals and families and billion in Small Business loans. There is also 250 billion in Unemployment Benefits and 500 billion for Business Loans were going to take up and pass this package to care for those who are now caring for us. And help carry millions of americans. Do these dark economic times, im John Lawrence reporting. Well in the south bay, the santa clara board of supervisors unanimously approved a Million Relief Fund to help residents affected by the coronavirus. Now this money is meant to help people you know keep their homes and make sure that they have food as well as other financial needs. N
The covid 19 ravaged us economy to all americans. I say help is on the way. Big help and quick help at trillion. This is one of the most expensive and far reaching deals ever made in congress is good news for the doctors and nurses and Emergency Rooms around the country are waiting for more mouse and more funding. Thats good news for families all across america while all the details havent been released yet the breakdown includes billion for direct payments to individuals and families and billion in Small Business loans. There is also 250 billion in Unemployment Benefits and 500 billion for Business Loans were going to take up and pass this package to care for those who are now caring for us. And help carry millions of americans. Do these dark economic times, im John Lawrence reporting. Thousands of workers who are filing for unemployment are in the Service Industry and most restaurants were forced to drastically cut their staff. As their kitchens closed or transition to takeout order
Eight days, getting a little bit of relief. Euro still seeing very strong buying in the treasury markets. You are buying equities, buying commodities, and buying treasuries. Thats what you are seeing into the weekend. Time now for global exchange, where we bring you todays market moving news from around the world, from washington to new york to london. Oil. Gin with the move and crude continuing to climb after its biggest ever single day gain. All trump says he may intervene in the price war between saudi arabia and russia that has rocked crude markets. Here was more is annmarie hordern. Intervene how, and does anyone care . Annmarie it is interesting how exactly he would do this. He said he has some power over the situation, and would get involved at the appropriate time, may be giving riyadh some chance to potentially swamp the world with oil and put the pressure on russia. Then we heard from president Vladimir Putin in an incredible scoop by our moscow bureau. He says they say he is