European central bank announced a 750000000000. 00 euro package to mitigate the Economic Impact of the coronavirus meanwhile oil rebounded more than 20 percent after reaching the lowest level in 18 years this was the best day on record for oil there of course huge year to date losses still here there is so much to get the lets bring in who must cohost christiane who joins us from Los Angeles Christy what is happening in markets today. Well brant the 1st sentiment every morning still seems to be to sell everything although this morning was the 1st time in a week that there was no overnight limit up or down trying to hold in the s. And p. Futures perhaps it is the case that systematic funds now have little left to sell nearly 2600 of the 3100 n. Y. S. E. Names are currently on the short sell restricted list and were now approaching quad witching friday tomorrow which has historically resulted in increased volatility so the question is what did that people sell into well at the center of
Quarantines and social. Now becoming the norm streaming sites like netflix have seen their viewership skyrocket but could this traffic pose a problem amid efforts to combat cope with 19 we have a jam packed show today so lets go and dive right in. And markets throughout the west have bounced back lightly after taking a drubbing this week in the u. S. President donald trump is continuing to say hes working to stabilize the economy but working with congress to provide major additional relief to the workers Small Businesses and the hardest hit industries we want to make sure that everybody is able to continue on so that when we recover all of these companies and these. Great business is very very small and very very large its not going to be broken up and you have to put it back together that would take a long time and in europe most indices closed up around 3 percent after the europeans. Announced a 750000000000 euro package to mitigate the Economic Impact of the coronavirus meanwhile oi
European central bank announced a 750000000000. 00 euro package to mitigate the Economic Impact of the coronavirus meanwhile oil rebounded more than 20 percent after reaching the lowest level in 18 years this was the best day on record for oil there of course huge year to date losses still here there is so much to get the lets bring in who must cohost christiane who joins us from Los Angeles Christy what is happening in markets today. Well brant the 1st sentiment every morning still seems to be to sell everything although this morning was the 1st time in a week that there was no overnight limit up or down trying to hold in the s. And p. Futures perhaps it is the case that systematic funds now have little left to sell nearly 2600 of the 3100 and why ac. Names are currently on the short sell restricted list and were now approaching quad witching friday tomorrow which has historically resulted in increased volatility so the question is what did that people sell into well at the center of
I will have to be strict with the gavel. The witnesses have a tight timeframe, i know you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up and every bit of it is obviously serious. The chair now recognizes herself for an Opening Statement let me begin with this, mr. Secretary. I think that confusion is the enemy of preparedness. Confusion is the enemy of preparedness. I believe that the administrations lack of fairness the Coronavirus Response is on full display. Markets are reacting, in some part, to the lack of trusted information amongst many other factors. Our government has to speak with credibility and authority. Instead, it is like a greek chorus chanting through the state. That adds to the confusion. There are key questions that need to be addressed for the American People. What is the full plan should this virusinfected american in high numbers what is the plan for increasing diagnostic capacity . Limit
Wash authors april ryan and cal thomas sunday on book tv on cspan2. Health alec cesar health and Human Services secretary azar was in washington. He talked about the federal government response to the outbreak and testifying on the president s 2021 budget request. The second panel on the Coronavirus Response, those questions will be limited to five minutes, which is the usual case. Only 10 members will be able to ask questions during that round. I will have to be strict with the gavel. Since the witnesses have a tight timeframe and i know that you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up and every bit of it is obviously series. The chair recognizes yourself for five and its for an opening statement. Let me begin with this. , mr. Secretary i think that confusion is the enemy of preparedness. Confusion is the enemy of preparedness. I believe that the administrations lack of coordination for the Coronavirus