Half a million confirmed cases of coronavirus in this country claritind. Get more airflow. Heres what you need to know at this hour. The coronavirus reaches a deadly. Crunchy oat clusters with a hotouch of honey. Ombine. And chris martin from the comfort of their homes. New recordow surpassed ita. Plump, juicy raisins. And tasty fiber. Into one delicious cereal . It was really well done its hard to pull off Something Like that. They did their best to make it it took a lot of branstorming. Happen its something we wont forget get it . Well go to the archives kelloggs raisin bran crunch. Two scoops of delicious. A sign of the times. This is another really interesting one. An unnamed better had turned italy. And new signs suggest the coronavirus was in the bay area way before the first confirmed case according to the cdc and state half a dollar into half a million dollars. Health official, it may have the persons 50cent bet been present in december meanwhile, a study has is launched that c
Stabilize and support the financial system, support and rescue. Its moving quickly. On the ground, it is grim. 22 states have deployed the national guard. The virus is now infected all 50 states and d. C. And this is a first, kansas closes all schools for the rest of the school year. Its beginning to sink in that many of us will be confined to our homes for weeks and millions will not be getting a paycheck. You are waking up to an anxious america. Theres an eerie feeling when you see empty cities, shuttered businesses and a country thats really grinding to a halt. Now the markets. Limit down before the opening bell. We might be 5 or 6 down in early trading. Remember, if the s p goes down 7 trading is halted for 15 minutes. We have already seen that twice. The dow, s p, nasdaq limit down, big red arrows right there. Look at this. The yield on the tenyear treasury is now 1. 12 . So money is coming out, repeat, out of treasuries. Why is that . In part because some investors have to cover
Trade iing at levels we havent seen in nearly two decades amid falling demand and an expected jump in production and the virus itself remains front and center. President trump e iine ining gus until the end of april as the u. S. Cases top 150,000 weve got great guests join ing us, the ceo of medical supply Company Henry Schein and the head of amid this turbulent market with 59 minutes left, we are up 2. 8 led by helhealth care, tech and Consumer Staples lets focus in on the big stories. Meg is going to join us with the latest on testing and treatment. Kayla has the latest from lawmakers and mike is tracking all the Market Action but meg, first to you hi, guys. Lets start with Johnson Johnson. That news theyve selected their lead candidate for Vaccine Development. Really moving their stock higher and causing a lot of optimism that well see a vaccine in timelines that are faster than expected companies saying it plans to tart human Clinical Trials in september. Months faster than they pr
All rolled into one and a quick 7 fall and a trading haul the dow down more than 2,000 points and then right around 1 00 p. M. Eastern time the stocks tried to stage a comeback on the back of the news that the fed will inject 1. 5 trillion back into the market and prevent a fullblown credit crash. The stocks kept falling and we ended the day on the lows and we have a huge show for you tonight. For the host of big names with guggenheims Scott Maynard and john hess. Well get to those in moments, but first, lets get more now on exactly what the fed did and tried to do today with their trillion and a half dollar injection. We are joined by phone by Steve Liesman. Im not on the phone here, brian. I am joined by the Federal Reserve. In the first instance, it extended its purchases to 60 billion across the range of maturity and the fed was buying on the short end and it was going to buy a whole way of maturity and the reason for that is because there was a lot of dislocation and well talk abo
So i guess you could say this behavior was a little bit less than parliamentary as turkish lawmakers were discussing the nations military involvement in northwest syria. Members of the Opposition Party clashed with supporters of president erdogan and the fighting began. A lawmaker called the president dishonorable, ignoble, low, and treacherous, then tried to speak. Everyone knows those are fighting words. You cant say that and not expect an elbow to the face. No, thats true. Those are the rules. Ive received that from mona already, ive learned my lesson. Prosecutors are opposing Bernie Madoffs requests for an early prison release. Prosecutors say in Court Documents madoffs crimes were, quote, extraordinarily evil. They want the 81yearold to continue serving his 150year sentence behind bars. Ikea is recalling more than 800,000 dressers because they can tip over and crush children. Owners are being told to stop using the threedrawer chest immediately. Refunds are being offered or you ca