Buying for a total of 664 delegates in the three states. Iran is stepping up the pressure on its citizens to stay home and avoid unnecessary travel. Iranian state tv is morning millions could die if the public he is ignoring health guidance. The morning came hours after hardline shiite faithfuls pushed their way into the courtyards of two major shrines that had been closed over fears of the virus. Iran has had more than 16,000 cases of coronavirus, and nearly 1000 have died. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Live in toronto, im Jon Erlichman. Welcome to bloomberg markets. We are joined by our bloomberg and Bnn Bloomberg audiences. Shery here are the top stories we are following from around the world. U. S. Stocks rebound from the biggest route since 1987, as the government s
More new cases outside of ina where it originated then inside the country. On wednesday trump held a news conference. He appointed Vice President en mikece to direct efforts to contain the spread and downplayed the risk to americans. San francisco is on high alert. There are new cases in the city. The mayor called a state of emergencto mobilize resources there apto be a utbaraks. Second person in the United States who contracted the virus through unknown origins. Th are from the bay area. Joining me, doctor charles chu. And Infectious Disease expert. Thank yofor ing with us. There is fear in the community. How much concern should people have. What lev is appropriate. We ould be worried. We should be concerned. We are seeing cases of the virus circulating in the community. Cases of infection where we dont know where came from. We dont know how this one individual became infected. We also did not know how the second case in Santa Clara County became infected as well. We should be wary. A
In europe, also watching what has been happening there, you will also see just like yesterday europe is down across the board. The biggest declines coming from france and london. The cac off 1. 6 among the big market themes, momentum stocks outperform, some momentum factor er, etf up on pace for the best ever launch since 2016 we are going to have a technical analysts on. I was distracted i asked the analyst whether it works like this with the outliar. They insist, no matter what, they did bounce off the level. The ones they mention. It hit exactly and bounced off it we have bleakly here lets say this, we manage 6 billion of assets. We want that to go up. It is risk management. We need p emto worry. We have a lot of them around today. Including me burgon county, the first presumptive case of coronavirus. Energy is in a bare market off from its high in april industrials also in correction territory. Gold on pace for its best performance. Looking at prices this morning, youll see they ar
Will plan our weekend. Highs below average. Kind of a rarity over the last five, six weeks. Sal castanedas here now. Hayward we have a lot of slow traffic. So the area of hayward is an area for you to avoid in the car right now. Westbound 92 and also southbound 880. So this whole area here 92 and 880 has been slow because of a crash before the san mateo bridge on 92 and, also, a crash on southbound 880. You know what this reminds also the richmond or the me of . Here in the bay area, we have a dumbarton bridge are doing very radio station. 102. 9. The quiet store. Well and i suggest them as yeah. Still, listening to that station north 1310 kdi x. Alternates 6 01. Lets go back to the desk. Anyway josi, thank you. Health officials are trying to keep up with the new cases of the coronavirus. Johns Hopkins University is featuring frankie beverly. Send us your happy songs that tracking the cases this morning. There are more than 135,000 make you happy. Send us your songs. Use the hashtag kt
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op