The overall death toll the coronavirus nears 50,000 globally. [indiscernible] 100,000 military body bags for civilian use. U. S. Officials say china concealed the extent of its outbreak, but futures rise in europe and in the u. S. After the worst drop for the s p 500 in two weeks. And President Trump voices optimism that russia and saudi arabia will end their oil spat soon. Brent and wti each jumped 5 or more. You can see here a 20 jump over the past three days. We are just under an hour away from the start of cash equity trading in europe. We will take a look at where futures are trading now. We have, in terms of european slighterder gains then we had in the u. S. If you look at the dow jones and s p 500, they are each up about 1. 5 in terms of futures, so bigger gains in the u. S. Picture , though further away from the open of cash equity trading. What does it look like on the gmm right now . Just had numbers come through on the u. K. House prices, i will come to that first. House pr
Its going to be severe larry but i dont think we quite know the extent of it yet we dont know if this is a shoot week shut down at the church you might be out of the economy but wonder if its one or the other up for working men and women into this you know about 58 percent of workers in this country are hourly wage worker this is Food Service Workers retail workers none of those people are getting a theyre all filing for Unemployment Insurance now weve got a whole industry of independent contractors it workers that are going to be able to get paid and cant get an image and we just see if low down in the rest right now weve got school loans being weve got businesses closing and so its important to provide relief as quickly as possible to individual workers who are affected as well. Is it going to get worse before it gets better. You know larry and 14 i think its going to get much much worse and i think depending on how long this goes on itll tell us what the country the problem out to m
Lawmakers. Rescue deal of to save me as the pandemic pushes markets. The worst since the. Financial crisis. The stories from the past 7 days on the run up to the moment of well this is the weekly an international a little welcome. Well there is just one inescapable issue dominating everyones thoughts right now the corona virus has claimed over 13000 lives world wide with the number of confirmed cases at more than 308000 asli reached a grim milestone this week surpassing china the country to have suffered the most fatalities currently more than 4800. Almost 800. 00 succumb to the disease at least now shutting down all production of nonessential goods. Well the European Union sealed itself off to travelers from outside europe this week as part of wide ranging efforts to stop the spread of covert 90. 2 limits to support of the various google we agreed to we enforce external borders by a close coordinates temporary wish to action of essential travel to the e. U. Or 30 days. Of front of the
Futures pointed to the loss of more than 400 points we saw oil rebound then finally, can you see the dow futures up treasury yields suddenly backing down a little after getting up 1. 2 on the 10year yesterday now getting to the latest. Yesterday, california issued a statewide order for california residents to stay home other states and cities are taking similar steps mack, is that coming here . We dont know at this point. Closing dinein restaurants, bars, clubs and gyms washington is working on programs to keep the economy afloat steve leaiesman is like the norh star hes here. Hes got the tie on. Eamon jafers no offense that you went tieless. You have some response on the fiscal stimulus as well. Maybe well get to talk about that great market timing of a couple of those senators too that is an important one. That really angers americans we had a couple of u. S. Senators exposed in the press yesterday for uncanny timing of selling stocks richard burr sold his stocks on february 13. Some
Reduce the danger. Sleepless in america. New Research Finds women who dont get enough sleep may be eating too much fat and sugar. How its affecting your health and what you should eat before you hit the hay. Its february 19, 2020. Heres todays eye opener, your world in 90 seconds. The dnc changed the rules to get mr. Bloomberg in the debate. Democrats get set to face Michael Bloomberg. I dont think people look at whos in the white house and think to themselves we need someone richer. President trump is making news with a flurry of pardons and commutations, among them including illinois democratic governor Rob Blagojevich. Wolf blitzbill barr reporteg people he is considering resigning because of the president s tweets. The quarantine is over for some of the americans evacuated from china. They are finally headed home. Nascar driver ryan newman is awake and talking after mondays horrific crash at the daytona 500. Dogs hit the ice for the annual weaner dog race. And all that matters. I w