Holding fire today after two emergency cuts, futures point lower. The economic cost. Larry kudlow says the jobless claims figures today will show a very big increase. Bonusese, wall street could be cut by 40 this year. Just under an hour away from the start of cash equity trading in europe, lets take a look at futures. After two days of backtoback , we did have a record jump on a lot of indexes the day before yesterday. That was bolstered by another gain. Futures are down by 2. 5 . Take a look at futures in the u. S. This morning, we had a mixed picture. Now it is turning red across the board. Futures globally turning lower as we get closer and closer to the european open. The u. S. Senate has passed a record 2 trillion Coronavirus Relief package. The approval comes after both parties moved past a lastminute dispute over Unemployment Benefits for lowwage workers. The onus is now in the democratic led house to pass the bill quickly and send it to President Trump for his signature. Joini
A fresh fruit and vegetables last migrant farm workers arent allowed to cross europes borders because of the coronavirus so farmers fear their crops will drop in the fields plus biking through brussels georg matters explores the cities are usually quiet streets as lawmakers in the European Parliament debate a package to help keep the e. U. Economy afloat during the crisis. Time sarah kelly welcome to the program the japanese government is banning arrivals from 21 European Countries and setting up a Coronavirus Task force as it warns that the epidemic could spread rapidly and widely 40 new cases have been confirmed bringing the countrys total to 1300 a japanese people have been slow to get the message about. Curbing the spread of the virus. Enjoying the outdoors people in tokyo have been taking to the citys parks to soak up the spring weather and admired the seasonal Cherry Blossom crowds gather in public spaces despite appeals by the authorities to help contain the corona virus outbrea
Continents crisis with such borders cannot be resolved by putting barriers between us. You Commission President ursula found Alliance Says that something you state only looks out for themselves as the virus began to spread cant you you now come together to tackle the crisis at russian planes packed with medical supplies arrive in italy to help fight the coronavirus critics warn this may really be meant to undermine the e. U. Im sorry kelly welcome to the program the japanese government is banning arrivals from 21 European Countries and setting up a Coronavirus Task force as it warns that the epidemic could spread rapidly and widely 40 new cases have been confirmed bringing the countrys total to 1300 but theres concern that many in japan have been slow to get the message out about curbing the spread of the virus. Enjoying the outdoors people in tokyo have been taking to the citys parks to soak up the spring weather and admired the seasonal Cherry Blossom growth scatter in public spaces
Particularly hard with some 220 cases reported and the death toll at 7 italian authorities have put almost a dozen communities on lockdown in the countrys economic heartland now that could spell major trouble for that years 3rd largest economy and possibly the entire block. But slightly calm a day for stock markets yesterday some exchanges saw their steepest one day drop since 2015 today a more mixed picture. In london the Stock Exchange opened slightly up but in new york closing shop down. Thats partly because chinese factories a slowly reopening signaling a replenishment of Global Supply chains and because fears of a truly Global Pandemic havent been realized although its fall from over. Now is the time to prepare so were in the phase of preparedness for a potential pandemic so preparation is now the name of the game in the United States the white house asked congress for 2300000000 euros to prepare medical workers and to find a vaccine japans preparation staggering the daily commute
78 degrees. Get out and enjoy it. What else will you do . Sal has an update on traffic. Traffic is doing okay if you are driving on most bay area roads but except for the approach to the Altamont Pass, 205 and 580, no major issues but it is getting slower. Driving through livermore and Castro Valley, it looks okay and no problems on interstate 880 and the commute looks good driving past the Oakland Coliseum to the bay bridge. Its 5 01 on lets go back to the desk. The San Francisco police are in the early stages of investigating two separate incidents involving the same suv. It started when police said a driver hit a homeless person and then hit a patrol car. Sara zendehnam is live in San Francisco with more on that. Good morning. Reporter good morning. There are two different scenes in this situation and the first one was on haight street and ash barry with the markings along this sidewalk stretching all the way down the sidewalk. This is the route of the car and you can see damage. Th