Thats clearly what it is. From now on on this show well call the contagion what it is. Itits a pandemic that has alry hit 30 nations. It has affected people in 114 nations. More than 1,100 cases have been con nirmd this nation. 30 have died. These cases are not for a lack of testing. At least thats what the health and Human Services secretary alex azar says. Azar saying testing has always been available for americans concerned they have the wuhan virus. We have a surplus of the supply. We have 2 million in shipment or waiting for orders. Just to be really clear about this. We have always had the capacity and capability to test any individual that any Public Health official believes needed to be tested for the novel coronavirus. We just making it more convenient and localized for doctors and patients to get testing. Lou then why mass not more testing been done. According to the cdc multiple specimens are required from each patient. We asked the cdc for clarification on how many patients
Are asking for. Thats a failing. It is a failing. If i hear of anybody getting it easily the way people in other countries are doing it. We are not set up for that. Do i think we should be . Yes. But we are not. Lou last night we reported the cdc is telling us 11,000 specimens have been tested for the wuhan virus whether in a cdc lab or u. S. Health laboratory. The cdc has not yet updated that number reporting the last tests were conducted by the u. S. Public health labs last tuesday. Ed the inability to test for the virus rocking the heartland in ohio. That states top 8 official says they have only three kits to test for the virus allowing them to only test for 1,200. We know just the fact of Community Spread says at least 1 at the very least, 1 of our population is carrying this virus in ohio today. We have 11. 7 Million People. So the math is over 100,000. That gives you a sense of how this virus spreads and its spreading quickly. Lou there are a lot of other issues to concern you i
Finished, the dow gained a thousand points. The s p 500 finishing the day markedly higher. The nasdaq soaring 673. President trumps decision to declare a national emergency, a strong, swift action that opens up 50 billion in federal resources to help state and local governments fight the pandemic, the president also waiving interest on federal student loans. Directing the department of energy to buy up crude oil to store in the petroleum reserves. To unleash the full power of the federal government in this effort, im declaring national emergency. We are announcing a new partnership with the private sector to increase on accelerate our capacity to test for the coronavirus. We want to make sure those who need a test can get a test safely, quickly and conveniently. The next 8 weeks are critical to turn a corner on this virus. Lou the Trump Administration says the next two months well be putting a major emphasis on expanding testing. This morning the fda approved a new coronavirus test. It
Im a soul man. Im a soul man. Im a soul man. Im a soul man. Got what i got lauren welcome to fbn a. M. Good morning. Happy friday the 13th. Im lauren simonetti. Cheryl good morning, im cheryl casone. We are looking at luckily a little bit of a snapback. Lauren everyone can breathe a sigh of relief. Look at the markets, dow is up 558 points, s p is up 69, nasdaq up 233. Just for perspective, the dow saw the biggest selloff yesterday since the crash of 1987 around th1987 and the nasde biggest selloff since the dotcom crash 20 years ago. Cheryl the nasdaq is up 217. We will take. Oil and gold, interesting story. Oil is still up, up almost 4 right now. Gold is actually down just slightly. Remember, gold has been that safety play. Lauren stocks in asia taking a cue from wall street. Cheryl plunging before recovering some of the earlier losses. Nikkei fell to the lowest level in more than three years. Lauren lets see the reaction in europe where stocks have opened a few hours ago and the fts
Scientists, task force member, zuckerman Carson Ben Carson on that. President trump find law 8. 3 billion package to address the Economic Impacts of coronavirus among others. Kevin mccarthy drones week live to talk about that in this weeks markup, they are about to expire. The fallout from coronavirus is all too much for chinese president xi jinping. General get the highest civilian honor ever from the president this week. All that and a lot more as we look ahead right now on sunday morning futures. Will begin this sunday morning with the latest on coronavirus. There are more than 400 confirmed cases of the virus now. Nineteen deaths in the United States. Eightynine of those confirmed cases are in new york state. Governor andrew cuomo had declared state of emergency due to the virus. He joins me now. Its a pleasure to see you. Its a pleasure to be with you. Good to be with you. Maria tell me about the state of emergency. Why declared . What does it mean for us . What we need to underst