Very early on if you look at all of the countries to date, the mortality is higher at the beginning because youre diagnosing the sickest. The ones that came in quite ill. I want to remind the American Public that the risk for serious illness and the majority of americans are low. Cantat does not mean you transmit it to a higher risk group. That is why we are asking for all americans to take responsibility. You are seeing mortality or deaths today from infections that occurred 23 weeks ago. The other thing you are seeing is the dramatic and very difficult impact of this virus in nursing homes. On the why very early president and Vice President had just come out and put the strict rules in place. Everybody thought we were being too strict in keeping loved ones away from family. If we are going to solve this with a lower death rate, we have to protect the elderly. If there percent is much higher groups. The other age reporter there is a report that the federal government has a plan that s
Quite a bit now. Its big ramifications for the reelection campaign, as well. A 7. 8 down 1660 when it was halted we have had 1,000moves for 7 straight sessions. Lets get more on everything going on bob pisani at the New York Stock Exchange bob . Our fourth trading halt, a circuit breaker. Down 7 . The fourth one in two weeks here look at the markets here 2351, very important number. The old december 24, 2018, low technicals not much good to anybody these days we are sitting right on top of that again, just want to review the Circuit Breakers level one, we halt 7 . We halt 15 minutes so well reopen in about ten minutes or so. If that happens again, theres no stopping at 7 . The next one is 13 . Thats until 3 25 and then there is no trading halt after 3 25 p. M. Eastern time unless you drop 20 in terms of whats bothering the market, ill put up a chart to explain everything everythings down. So here you see Corporate Bonds down here you see the s p 500, equities down. Here you see croude
Crude dropping hugely today, as demand fears rise that demand is going to fall, hitting its lowest level now since 2002. Speaking of free fall, look at shares of boeing that air space giant asking now for a 60 bailout. It is down 25 today and on track for its worst month ever, doubling the losses it saw back in september of 2001. This stock was a 300 plus stock, not that along ago, kelly. Its just unbelievable. Tyler, thanks. Appreciate it. Heres what you need to know, everybody. There are now 200,000 cases of coronavirus globally about 7,000 of those are here in the icu. The u. S. And canada have now agreed mutually to close the border to limit travel between these two countries. The move, they say, wont impact trade. Thats been impacted by its own problems new york is dealing with the largest outbreak of coronavirus, with cases more than doubling to 2,000 overnight. Bob pisani is all over these big market moves today bob sullivan is watching crude as it craters. Kayla tausche is watc
Earlier, it was down 12 . As the deadly pandemic expands to every state in the nation now and the president shuts the northern border with canada, the death toll has ticked up to 97 in the United States. Let us start looking through a whole bunch of different sectors here. How low will oil go. The rout at this hour in the aftermarket is pretty brutal. We are down 19. 2 and we do have it at 21. 78 a barrel. It settled lower than that at 20. 37 per barrel just a half hour ago. Crude has lost 56 over just the last ten days. That is the worst tenday trading stretch since the futures contract launched back in 1983. As we speak, we should tell you the senate is expected to begin voting on the 100 billion phase two coronavirus bill. Heres what we know it includes. Free coronavirus testing, funds for state Unemployment Insurance and paid sick family and medical leave for employees and Small Businesses. We will take you to capitol hill to get the vote tally when it begins and we will try to do
This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed it, were up and then that sells off. In this world, i dont know what to hope for anymore. This is how it works, though. Im going to read something in a second that im so excited about. I even got more excited about this than i did about the futures not being locked down is,000 points. Weet gel well get to that. It was 954 points or something. Yields have come down. The tenyear was down at 0. 829 . Again, that volatility is spreading not only through the stock market but treasuries. Its been amazi