Necessary in order to help reduce the spread of coronavirus kron fours will tran. Is following that part of the story for us this morning, joining us live with the latest on how this is going to be impacting. Everybody will. Its already impacting millions of people on the 7 Million People a lot of them are still out and about but lets face it the bulk of them will be at home look at this and we want to give you this great Vantage Point to show you the traffic and to San Francisco. Yes, thousands of cars clearly but the volume nothing that we would see on a normal Tuesday Morning. But people are still coming in because essential services, including you can see the truck driver because groceries and other goods are heading to the Grocery Store. So you dont have to rush. A lot of places have made drastic changes. Let me show you some video all over the bay area. Restaurants, including San Francisco, san jose all across Alameda County. They are either shutting down our drastically reducing
Still ahead your forecast rob. Thank you john so far traffic has been light and quiet around the bay area. Weve had some minor issues but nothing major awful we dont have any hot spots or alert. Were checking in on westbound 80 the trip into San Francisco looks really good. It should be light once again today its in so many folks are working from home so 7 minutes off to fremont street. Heres the richmond sandra fell another good commute its easy heading to the north bay 8 minutes for your drive. 92, it is a little crowded so the trip here leaving hayward well be a little sluggish on the flat section but no problems heading to the peninsula. Heres a big traffic tracker were checking more freeways and drive times and they. Look good so far were looking at 10 minutes here for 5. 80 westbound from livermore to dublin, 6. 80 south dublin to fremont is trouble free. I dont see any trouble spots for the nimitz freeway right now so that ripped through hayward san leandro union city will be fi
A reality immediate and. The government has taken as i said to you for decisions. To stop the publication of the virus if you knew your precious University Scholars and schools Colleges Universities are closed as of today such as the evening restaurants or bars all businesses not vital to the nation are closed gatherings supported 100 people and every day of the bitten never has france had to take so many exceptional and temporary provisions as wanted to please i think they were taken preparation and order on the basis of scientific recommendation with just one single objective to protect us from the propagation of the virus. During thursday a scientific and political consensus misformed to think that if you prayed in short the 1st round of the. Local elections and i promise to the Prime Minister and the vote want to have a poll and on sunday voting was carried out this evening id like to thank the mayors on the Government Services to you all those who devote who. Allowed this i also w
Driving the action first and foremost of course the heightened fear about the coronavirus. More countries go into lockdown as the steady spread of cases continues. The fed made a dramatic move cutting rates to zero and announcing new assets. And the economic slowdown with weak manufacturing data this morning from both china and the u. S. As we just said we are down about 9 on the dow. The low of the session was down 12 or 2,800 points. The dow is down about 31 from the recent market highs as we stand with just under we have every angled covered for you. Lets drill down on the selloff Mike Santelli at the market dashboard and lets begin with bob on the floor of the exchange. Trading halt this morning, 15 minutes right after the market opened our third trading halt in the last six sessions. Look at the s p 500. Our low is just a tad above 2,400. So well off of that number everybody down here waiting to see what if anything the president might have to say. Take a look at the dow movers, t
This number, down 664 points, for a loss of about 8. 5 . Crude oil at the moment, it has been vicious and quite a violent downside move, even after the ones last week that were very ugly. We see crude oil setting at 28. 70 but in the aftermarket, we are just above 29. Call it straddle. We are right at 29 a barrel. We have major developments this afternoon putting even heavier pressure on the markets. Canada moves to close its borders and the nations airlines are seeking up to 50 billion in aid to support the massive plunge in bookings as of course, social distancing affects all forms of travel. In this hour, we do expect that live News Conference held by the white house by the Coronavirus Task force. 3 15 p. M. Eastern, 14 minutes away, as you heard. We understand the secret service has now started taking temperatures of those in attendance. Heres a couple questions we at countdown want to know. Will we see more stimulus announced . Will the status of the nations airports change at all