A changed world with graduation ceremonies swofford socially distant ceremonies. As the original epicenter of the krona Virus Outbreak but chinese officials insists life is slowly resuming and thats despite a new clusters of infections being reported in Jilin Province so lets take a look at where things stand in china right now an ambitious Mass Testing Program is being carried out and where the virus was 1st discovered its aim to test all of the citys 11000000 residents in just 2 weeks Old Health Organization has advised countries to test as many people as possible but most just dont have that capacity with the virus largely under control across the country the rest of china is slowly reopening production is up and lockdowns of ease with more schools and businesses reopening as well as more flights resuming on sunday. And chinas Vaccine Development is moving forward with some drugs already on their 2nd phase of Clinical Trials officials hope they move on to wider testing by july but a
As the weather warms up in the u. K. Many people in seaside resorts are concerned about a possible 2nd wave of cases. Health officials in china are dealing with new clusters of the krona virus in the Northeastern Province of jill and thats despite their best efforts to end the outbreak and ambitious Mass Testing Program is underway and will hong where the virus was 1st discovered the goal is to test all of the citys 11000000 residents and just 2 weeks Old Health Organization is advised countries to test as many people as possible in this country just dont have that capacity or the virus largely under control across the country the rest of china is slowly reopening production is up and locked down cities with more schools and businesses reopening as well as more flights resuming on sunday and its Vaccine Development is moving forward but some drugs already had their 2nd phase of Clinical Trials chinese officials hope that they could move on to wider testing by july but as lee harding ex
Sanctions and infections we look at the businesses struggling to survive in iraq. One other International News story state security agents been zimbabwe been accused of abducting and torturing female opposition leaders. With sports as football returns to germany but now as we know its been scored 4 goals that no fans to celebrate. Health officials in china are dealing with new clusters of the coronavirus in the Northeastern Province of jilin the government is sending medical teams and hundreds of staff to that area with one district there raising its covert 19 risk level from medium to high thats despite the countrys best efforts to end the outbreak its most ambitious goal is to test all of who hands 11000000 residents in just 2 weeks following a cluster of new cases the World Health Organization has advised countries to test as many people as is possible but most countries dont have that type of capacity with the virus largely under control across the country the rest of china is slow
Alltime high. Another Federal Reserve official says he sees growth returning in the second half of 2020 and no need for negative Interest Rates. With lots to come on todays show, well speak with mylans ceo. Well discuss the companys outlook for the rest of the year and whether its seeing a trend of customers stockpiling medicines. And the ceo of Ortho Clinical Diagnostics will join us at the moment we are up 0. 4 on the s p 500. Before we continue, just got to comment, new braackdrop, i love it did you do this by yourself . No, i had some help by the amazing technical staff at cnbc. I think people were sick of looking at my old School Parking meter. Its a great balance between home and work. Cnbc, always with me. Exactly the s p 500 is up about 0. 4 nasdaq up 1. 25, dow is flat. Lets get to the markets as stocks are climbing back from sizable losses at the open all four indices just turned green. Mike santoli joins us with more on todays action. Hi, mike in fact, kind of an extreme exa
Testing limit down down by 5 as far as they are allowed to trade down before the open the number to watch this morning is down 136 for the s p. We have touched those lows and bounced off. We are not far off dow futures are down by 4. 74 . Nasdaq down 4. 6 after the opening bell, there are other Circuit Breakers you with watching. They would be kicking in with trading halting over a period of time down 7 this morning if that were to happen, youd see a 15minute halt after trading started. Next is if markets dropped by 13 . Then the third level is after 20 . That would be a halt of trading for the day. We have not seen these tested since 1997 until the last week of trading thats what we are watching so closely. If you take a look at the treasury market, you see the 10year note is 0. 71 . We got back to. 8 or so yesterday. With the yield, i was hoping they would have sold off talking to folks yesterday worried about what looked like it was better than going and maybethere could be problems