Street ceos are heading there this afternoon to discuss solutions in the next hours, as investors await some relief. Kelly . All right, tyler, thank you very much. We are all over this major moment for the markets today meg terrell has all the latest numbers on the coronavirus, which is now being called a pandemic bob pisani is watching another thousandplus point drop for the dow. Rick santelli is out in chicago watching the bond markets. Eamon javers is at the white house where a lack of details on the stimulus plan is adding to this selloff. We begin with bob at the New York Stock Exchange. Robert in the absence of nif positive news out there, the markets keep drifting lower. Heres the dow we had a little mini rally going here, not dramatic, but a mini rally. And around 12 30 right here, we had the word from w. H. O declaring it a pandemic here i think that took a little bit of steam out of the market as you can see, were sitting near the lows for the day. Whats moving . Three things
Elections. A little after 1400 hours g. M. T. Which is 2 pm in london 10 am in washington d. C. Keeping an eye on all the updates on the coronavirus pandemic as it stands right now sudan has confirmed its 1st case ukraine is barring all foreigners from entering the country u. S. Markets which you saw a moment ago have rebounded early d trade after they had their worst one day fall in 30 years and as we also mention the e. U. Setting up a 41000000000. 00 fund to help european economies that will be taking a hit. In this outbreak so heres the team at this hour lawrence lee in london keeping an eye on developments across europe also kristen salumi of the New York Stock Exchange starting there with kimberly in washington d. C. Kimberly the story coming out of the u. S. Seems to be the issue of who is being tested or rather who isnt being tested. Yeah absolutely even some members of congress saying they cant get a test despite the fact that they have been meeting with their constituents thi
Have symptoms. You dont need to get a test. We want to make sure the testing is available for people that are experiencing symptoms or have the genuine concern about having been exposed to someone with the coronavirus doctor birx will address countylevel data as well as progress weve made on testing and americans can expect to see how an increased number of cases as our new testing system comes on line should not be a cause of concern. Shell explain the importance of taking into account our new testing system as new data arrives over the next several days on supplies a priority. The president has given to our task force we continue to work with Health Care Providers businesses and state leadership to identify available supplies. Not merely in the federal stockpile but much more importantly available across the private sector, were encouraged to see Companies Like honeywell and 03 00am that i visited a few short weeks ago. Take advantage of the changes in the law last night that allow t
China is the manufacturing workshop of the world and its shrinking, manufacturing, shr k shrinking at its fastest pace ever. This is an astonishing move into the safety of tenyear u. S. Treasuries. At one stage that yield had dropped all the way down to an alltime low of 1. 03 . Right now, we are at 1. 08 . Historically very, very low. The virus is the problem. We do not know how much our economy will slow if large numbers of people are quarantined and people are unwilling to go out and shop and travel and mingle. We have these developments on the virus. Deaths, two deaths in what appears to be a cluster of cases centering on a nursing home in kirkland, washington. Firefighters who went to the home are now quarantined. There are confirmed cases in nine states. Florida has declared a Public Health emergency. Theres this bombshell from iran. A Senior Adviser to the Supreme Leader has died from the virus. Several members of the top leadership are infected. But iran has done little to rest
Heated debate yet. Breaking overnight, officials reveal the first two coronavirus deaths from the quarantined cruise ship in japan as hundreds more passengers are disembarking some experts are questioning if thats still a good idea were live with the very latest. Relentless 4 million americans waking up under flash flood watches this morning from rain that just will not let up as millions more brace for snow that could cause major chaos. Al has everything you need to know those stories, plus real talk the real i. D. Deadline is looming and officials are already warning dmvs and airports are not prepared for the crisis its official. A royal exit date for prince harry and Meghan Markle has the couple scrambling to figure ou whats next without the buckingham brand. Speedy recovery. Nascar driver ryan newman walks out of the hospital after that terrifying crash that could have cost him his life. This morning, touching images everyone is talking about today, thursday, february 20th, 2020. A