European central bank announced a 750000000000. 00 euro package to mitigate the Economic Impact of the coronavirus meanwhile oil rebounded more than 20 percent after reaching the lowest level in 18 years this was the best day on record for oil there of course huge year to date losses still here there is so much to get the lets bring in who must cohost christiane who joins us from Los Angeles Christy what is happening in markets today. Well brant the 1st sentiment every morning still seems to be to sell everything although this morning was the 1st time in a week that there was no overnight limit up or down trying to hold in the s. And p. Futures perhaps it is the case that systematic funds now have little left to sell nearly 2600 of the 3100 n. Y. S. E. Names are currently on the short sell restricted list and were now approaching quad witching friday tomorrow which has historically resulted in increased volatility so the question is what did that people sell into well at the center of
The ability. To. Cope with 19 has killed more than 18000 people and infected at least 400000 worldwide and counting. It all started in december last year when cases of an unusual pneumonia were reported in the chinese city of war haun. Most of those affected by the unknown virus seem to have something in common they were working at a local seafood market. At the Chinese Health authorities were trying to investigate the causes of the illness the numbers kept growing on january 7th the World Health Organization announced it had identified the new virus 4 days later 41 people had been diagnosed in china and the 1st death was reported. By january 13th cases in other countries began to appear. And the death toll jumped from tens to hundreds to thousands in the coming weeks and months governments worldwide took different measures to stop the corona virus but it was too late on march 11th the w. H. O. Declared the outbreak a pandemic for many covert 1000 has changed the world as we know it. F
Quarantines and social. Now becoming the norm streaming sites like netflix have seen their viewership skyrocket but could this traffic pose a problem amid efforts to combat cope with 19 we have a jam packed show today so lets go and dive right in. And markets throughout the west have bounced back lightly after taking a drubbing this week in the u. S. President donald trump is continuing to say hes working to stabilize the economy but working with congress to provide major additional relief to the workers Small Businesses and the hardest hit industries we want to make sure that everybody is able to continue on so that when we recover all of these companies and these. Great business is very very small and very very large its not going to be broken up and you have to put it back together that would take a long time and in europe most indices closed up around 3 percent after the europeans. Announced a 750000000000 euro package to mitigate the Economic Impact of the coronavirus meanwhile oi
C. Code 19 has killed more than 18000 people and infected at least 400000 worldwide and counting. It all started in december last year when cases of an unusual pneumonia were reported in the chinese city of one honda. Most of those affected by the unknown virus seem to have something in common they were working at a local seafood market. At the Chinese Health authorities were trying to investigate the causes of the illness the numbers kept growing on january 7th the World Health Organization announced it had identified the new virus 4 days later 41 people had been diagnosed in china and the 1st death was reported. By january 13th cases in other countries began to appear. And the death toll jumped from tens to hundreds to thousands in the coming weeks and months governments worldwide to different measures to stop the corona virus but it was too late on march 11th the w. H. O. Declared the outbreak a pandemic for many cope with 1000 has changed the world as we know it. From social gather
China appears to get a handle on its Health Crisis we look at how the communist Party Leadership is trying to change the narrative on the source of the outbreak. Im sumi so misconducts good to have you with us germanys Disease Control agency has raised its coronavirus Risk Assessment to high a spokesperson for the robert costa institute says stricter measures are necessary to contain the spread of the virus the berlin government is escalating its response foreign minister has warned against any unnecessary travel outside the country and he announced an unprecedented 50000000 euro operation to bring home all german citizens stranded abroad. Ministry of Foreign Affairs has agreed on a unique program with commercial airlines which will bring back german travelers from particularly affected areas within the next few days but we are talking above all about iraq of the Dominican Republic the philippines egypt and the moldy cheese in coordination with us the airlines will make flights availab