He made the announcement while speaking to reporters about local efforts to combat the outbreak. Nursing homes are dealing with an influx of cases. Good afternoon, and thank you for joining us today at the Baltimore City Field Hospital at the convention center, which represents a critical part of our ongoing efforts to support Baltimore City and our hospitals Governor Hogan good afternoon. Against the covid19 pandemic. This facility will be a place where coronavirus patients who no longer require hospitalization can complete their care and fully recover, and by providing an additional 250 beds here, this Field Hospital expands the capacity of Baltimore City health care facilities, reduces the time that patients have to remain in our hospitals, and in turn will free up that critical capacity for other patients who need acute care more urgently. We have already assembled the physical facilities here in a very short period of time. And other elements, including a 24 7 staffing plan, are c
Governor cuomo looking for any optimism he can find. Some geographies of america doing better in the pandemic, but the death and the rate of change of deaths refuses to bend over and go lower. With extraordinary measures being applied and something we all need to reflect on as we think about what comes next. These managing to keep numbers stable, but with extreme measures when it comes to how our society is functioning. How we reopen needs to be seen in this light, and it will be a challenge around the world for governments to reopen economies. Tom good reporting earlier from guy on the state of the Prime Minister, a conversation with Iain Duncan Smith moments ago. Our oninue with a strong the economics of the pandemic strong hour on the economics of the pandemic. Ministers. U. Finance were on an emergency teleconference lasting more than 16 hours. Strategynot agree on a to battle the pandemic. E. U. Issue joint debt to help economies recover . Boris johnson is being monitored in inten
Taylor really seeing some big gains on the s p 500. This is the second straight monday where we have seen big gains. All of the monday before that going to march 2 posting big losses, so a relief that you are seeing some gains come in. Small caps are doing the best. This is a barometer of the u. S. Economy. Some hope, given new york city fatalities have perhaps started to level out, that the economy can get running again. There is some hope in the russell 2000. The riskiest of all sectors, the stocks index, many of the chipmakers get the revenue from china, also the biggest performer of them all. Take a look at the vix. 44 handle. This is the lowest going back to march 6. Finally, i want to look at some of the individual stocks moving today. A lot going on underneath the mes. Carnival is up 26 after a Saudi Investment Fund revealed a stake in the company. Ulta beauty rising 26 , added to jpmorgans focus list. Ulta beauty is one that jpmorgan is liking today. Nvidia, chipmaking stocks r
We are standing by for the daily task force briefing. Hear that President Trump recently spoke with Vice President joe biden. Also, u. K. Prime minister Boris Johnson has now gone into the icu. Positive 10 days ago and his symptoms have only gotten worse since then. Rosalind joins us on the phone from london. What do we know about the Prime Ministers condition at this late hour . He had been isolating himself at home for 10 days now. He was attending meetings by video link and sending selfie videos to the public even though he was clearly ill throughout. Concision his condition worsened. He has been transferred to the icu conscious, but as a precaution in case he needs ventilation. That has been a pattern for some patients were around the 710 day mark they take a turn for the worse. They say these are precautionary steps. Emily he did tweet this morning. He said, last night on the advice of my doctor, i went to the hospital for tests. Told dominic raab, the u. K. Foreign secretary, to
Good spirits. This hour brings earnings for samsung. A crucial report amid the virus disruption will show how the chip industry is weathering the global storm. Shery lets start you with breaking news out of south korea. We are getting become your current account balance. Right now, the surplus coming in at 6. 41 billion. Also for the goods trade surplus ining in at 6. 58 billion february. Both numbers are a significant rebound from the plunge that we saw in january when it hit the lowest level in seven years. Exports have been stabilizing after that hit from global trade spats and the double chip industries downturn. For the month of february, we are seeing an update and a rebound with a current account surplus at 6. 4 billion. The goods surplus at 6. 6 billion in february but of course we are headed to seymour economic fallout from the coronavirus outlet, so we will keep an eye on those trade figures out of south korea. For now, lets get you a quick check on markets. He restocks at th