Familiar. Good morning. To fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after markets jumped 5 yesterday after promises of stimulus from Steven Mnuchin and the president. We had been limit down overnight at one point. U. S. Futures are in theory going to be limit down again before we open today. Dow is down almost 4 , 821 in the premarket, s p is down 92 points, 3. 69 , nasdaq is down almost 4 andahalf percent. Lauren the 10 year treasury yield moved up 36 basis points yesterday, its up another 11 right now, 1. 192 because there is to much government supply at the moment. Cheryl were looking at oil, because we continue to see pressure in that market. Fears of a global recession, more and more analysts talking about that, that is putting pressure on oil once again, a 2 drop in crude, below 30 bucks, 26, 37. Gold, usually a safety play, its down about 2 . Lauren nervous investors tryin
The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to call it. Now we know what they are thinking of, how that trillion dollars might be divvied out. According to a Treasury Department document 50 billion would go towards the airlines. 150 billion would be in loans to critical sectors of the economy or what is deemed as critical sectors of the economy. On top of that, there would be 300 billion in Small Business loan guarantees, and, there would be 500 billion in direct payments to americans. Half on april 6th. Half six weeks after that, on may 18
In fact the first half of today we will see pretty wide spread rain continuing much like yesterday. You can see it happening now, plenty of green and there is a focus down in the south bay. However that is about to start changing soon. Lets come up to the north bay and you see the rain bands returning. You take 101 and it is raining from the top of Sonoma County and raining out to the golden gate bridge. Look at what is coming in to the city right now. A band of yellow and orange and getting into the east bay. That is the next wave of rain that progresses across the entire bay area, temperatures are fine. We are about 50. Here are your headlines, wide spread rain this morning will turn into afternoon thunderstorms, so it will be a different kind of rain for the second half of the day, scattered showers and occasional isolated thunderstorm and it is still dangerous travel in the sierra for anyone up in those mountains. There is a lot of snow, good news for the snow pack and i will be ba
Everybody. We have Public Health challenges at that point. I dont think we are in starvation scenario. New developments at seven streaming on cbsn bay area good evening. Santa clara county announced two more deaths from covid 19 in the past 90 minutes. That is for depth total for that county. We just learned a city of Santa Clara Police officer has tested positive and will be in isolation for the next two weeks. A historic shelter in place order will go into effect at midnight tonight. We have coverage on this historic move starting with andrea. Who is live in San Francisco. Reporter when mayor london breed made the announcement at 1 pm this afternoon there were questions about what exactly this would look like. Tonight we are starting to get some answers from muni bart and sfpd. The order from San Francisco mayor london breed. What we are asking for everyone to do is to remain at home for all but the most essential outings for your safe the and the safety of those around you. Reporter
To referred them for testing for coronavirus . The one main difference of coronavirus versus the flu and we can go into this. Three main symptoms everyone has been talking about. Fever cough and shortness of breath. With the coronavirus. I tried to say those letters every time im on the news. So you remember what you need to look out for. Shortness of breath does not occur in the common cold. Shortness of breath does not occur in the flu. It is only sometimes present when you have allergies. Lets be real if you have allergies you will have different symptoms you wont feel like you do when you have coronavirus. You will have runny nose itchy ice and a scratchy throat. You wont have fever. You wont have a dry cough and you definitely wont have shortness of breath most of the time. These are very specific. At the coronavirus has shown to be exhibiting. How important is it to band these Mass Gatherings to try to contain the outbreak . If you do nothing the way these epidemics the way these