Higher. The nasdaq is up. 7 . Quite a turnaround from earlier this morning. 33. S p 500 at 29 the 10 year backup of 70 basis points. 24. 44. L trading at lets get a deeper dive into the Market Action with taylor riggs. Taylor mostly and improving picture across the screen. We were in much worse territory at least on the russell 2000, nasdaq, so we are starting to improve, go into positive territory. 2000 and raising a lot of those gains but still off. 1 . Take a look at the nasdaq biotech sector. Big outperforming today, up 3. 5 . Biotech is leading the way in thisbiotech is leading the way n this pandemic, in terms of finding a treatment and vaccine, so you are seeing that outperform. Gilead, their remdesivir product is hitting hospitals to treat covid patients. The u. S. Will get about less than half of the 1. 5 million vials being given out in the next week or so. Taking a look at the yield picture, you have a lot of treasury supplies coming online. Treasuries rising and you are get
Virus. A councillor that tested positive discusses his experience. And your text and tweets. Washington journal is next. Us coronavirus cases have jumped. Returns at noon as they return to push a response package totalling over 1 million. Good morning, welcome to washington journal, this friday morning. March 20th. Well open up the phone lines, hearing from you, and your experience, response to the federal effort on the coronavirus. Of you in the central time zone, the line is welcome to your input if you are a medical professional tell us your name and where you twitter, ing from on facebook posts. There is a reporter from the mike baker, mes, stationed in the northwest. Part ofg the northwest the us, mike baker tweeting on the numbers, more than he said on the 132. More than 4,000 new cases in the us. Youll see his number at the there 12,336. When we started the programme 9 4509,450. 9,450. Checking the map. 245,484. 10,000, th toll over with 86,000 confirmed recoveries. 14,250. Us i
In, vice dean for public practice at the John Hopkins School for Public Health. The cases we talked about at the beginning of the show were reported cases, jumped by 5000 since yesterday. When you compare this to other Public Health crises, other viruses, i should say, what sort of jump is that . How concerned are you by that jump . Guest it is consistent with spread of a virus through a susceptible population. Some of that is testing is becoming more available. The reason testing is finding so many cases is so many people are infected. We are talking about a virus no human being has seen before, before a few months ago. We are all susceptible. That makes the spread fast. Host do you think the approach, the nationwide approach at least, in terms of prioritizing social distancing of people isolating, staying at home and secondarily, ramping up testing is the right approach . Do we need to be more aggressive with testing nationwide . Guest we are trying to be more aggressive with testing
Small businesses. The Senate Small Business and entrepreneurship heard from witnesses on the drug supply and what Small Businesses needed to stay afloat throughout the outbreak. This is an hour and a half. The [inaudible conversations] i appreciate the witnesses being here into the hearing will come to order. I am going to go through order quickly because senator young has another related topic event thaeventyesterdayeventthat he hi want to recognize him quickly. He wanted to say a few words and i want to make sure hes able to get on the record. Thank you mr. Chairman for holding this important hearing. I first want to get on the record and think the subject matter experts. If theres anything we tgislative leaders ought toif e doing it more broadly the government leaders as listening to the Public Health experts say thank you so much and the experts and some of these discrete areas that will be impacted by the coronavirus. I do regret that in a minute i have another meeting that also p
Covid19 is not the first pandemic we will ever deal with and certainly will not be the last one, but it is incredibly important that we come together as a nation and as a planet to get ahead of this, address it, ad, you know, come up with remedy for it. If we think about the basis of Global Health security, it is a threepronged approach containment, mitigation, and then treatment. This is the third hearing that i am chairing on this subject. The first focused on the containment strategy. That was the first hearing that congress held. The conclusion of that was the initial strategy of trying to contain this disease with travel bands, etc. , was likely not going to be successful. Very difficult, and i think what china did was ambitious. About us some time that most of us in the Public Health world recognize that we would likely see in community cases, it would be difficult to stop the spread of this disease. The second hearing we had was on mitigation, largely looking at testing, this wa