Cdc calls for stronger restraints to stem the coronaVirus Outbreak youre watching a special edition of squawk box. Good morning, everybody, im becky quick. Joe kernen and Andrew Ross Sorkin are live at times square. Youll see the dow futures, the s p futures, nasdaq across the board limit down after weve seen what the feds reaction is and wait for the market to open. Well watch the etfs, those are not capped at 5 down. You can see what the action would be right now the dow etf is trading down by 8. 9 s p 500, etf trading down by 8. 8 these are the things youre watching very closely. Last night the fed took Emergency Action cutting i its benchmark Interest Rate from 1 to near zero, and other attempts in an attempt to stabilize the market buying 700 billion in mortgagebacked securities they are also activating swap lines, in an effect to calm lines. More from Steve Liesman in a moment. Other news out of washington today, the house passing emergency coronavirus aid legislation including f
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitting limit down after dropping 5 that means they cant trade any lower this morning those are the curbs set up by the exchanges. You will continue to watch whats happening with the etfs, however, because they are not held to the same restrictions. Can you see the dow etf is down by 9 . The s p etf down by almost 9 . That gives you a better idea of where the major averages would open if we were open h
Homes and businesses after weeks of turmoil in delhi. And wiping out rebels in d. R. Congo weve an exclusive look inside a special 4 month long operation. Welcome to the Program Turkey says its attacking all known targets of the Syrian Regime following a dramatic escalation in fighting an adlib province at least 33 turkish troops have been killed in an airstrike attributed to the Syrian Government the u. N. Secretary general has expressed grave concern while nato chief u. N. Stoltenberg has condemned the indiscriminate as strikes by syria and russia the u. S. State Department Says it stands by turkey under subpoena reports. As syrian and Russian Forces attempted to retake land loss to rebels on thursday Turkish Forces supporting the rebels came under fire their Bloodiest Day in the conflict so far. Dozens of turkish soldiers killed or injured in its live in an airstrike attributed to the Syrian Regime. Helicopters and ambulances were seen streaming across the border earlier in the day
An extension to Londons Heathrow airport over ruled illegal. That turkey says it is attacking all known targets of the Syrian Regime following a dramatic escalation in the battle for italy province at least 33. 00 turkish troops were killed in a Syrian Government airstrike the u. N. Secretary general has expressed grave concern and nato is chief condemned what he called the indiscriminate airstrikes by syria and russia and the u. S. State Department Says it stands by turkey a fellow nato member Anders Shapiro reports. A syrian and Russian Forces attempted to retake land loss to rebels on thursday Turkish Forces supporting the rebels came under fire their Bloodiest Day in the conflict so far. Yeah a lot of a lot of as a result of the strikes 33 soldiers have been mahsud. Helicopters and ambulances were seen streaming across the border earlier in the day to evacuate the wounded. Returning to hatay as crowds gathered outside the hospital turkey says its responding by attacking every known
New migrants the citys south side seekers faced chronic conditions in the overcrowded camps. And the golden bear for helen mirren the british actress takes homes and Lifetime Achievement award at the berlin. Im yearning for the mustang welcome to the program governments around the world are ramping up efforts to contain the corona virus the World Health Organization wants them to prepare for a pandemic stock markets have been telling us companies warn the outbreak is disrupting supply chains it comes with new infections outside china now outnumbering those inside this map shows the severity of the epidemic around the world the deep of the blues a high of the number of reported cases china which was the epicenter of this outbreak is still well out in front with more than 78000 recorded infections elsewhere the situation is most serious and south korea iran and italy. Altogether some 50 countries or territories now have confirmed cases here in Germany Health officials after just reported