After withdrawing from the president ial race. My. The us state of california has declared an emergency to deal with an outbreak of the coronavirus theres been a rise in cases there arms the 1st fatality and elderly man dies after recently returning from a trip or a cruise ship the grand princess is now being docs near a california schools with thousands of people still on board she returns a reports on how authorities in california are trying to determine if other passengers are infected. This cruise ship appears to be a potentially another major vector for the coronavirus to spread this man who was elderly had Underlying Health problems which is what we often see in people who die from the coronavirus but he was all in this ship and he does some bug having already felt symptoms off the coronavirus he went home and finally he called my mom one got help got tested was tested positive but that died at least one other person from that same cruise ship who also disembark is potentially is
Good morning, im Courtney Reagan live from the nasdaq marketsite in times square futures look to erase at least part of yesterdays very massive loss right now, futures are indicated higher by 443 points, s p by 53 and nasdaq by 173 points it was a rocky session over the past 12 hours. The dow futures well off session lows indicated higher by 556 points the dow plunging more than 2,300 points down 10 the worst day since black monday of october 1987 when it fell the dow and s p 500 are on track for the worse week since 2008. A sea of red in asia but now green across the board in europe the ftse 100 higher by 2 . Mat taylor is live in singapore and Steve Sedgwick in london it was a rough session for the asian markets. They were well and truly off the lows a number of markets turning back bear market turn around in hong kong still around by about 1 trade was halted amid steep falls. Up 3. 4 for the week down some 13 . Japan was the biggest decliner around about 10 at one point. No money go
Tayyip erdogan confirms the deaths of 2 soldiers deployed to libya and Global Support continues to be impacted by the corona Virus Outbreak with rugby 6 places and now under threat and remembering a basketball legend kobe bryants widow vanessa leads the tributes at the Memorial Service and off hand. But the rise in corona virus threats in china and a sharp increase in infections a stalking fears that the Global Spreads of the outbreak is entering a new phase iraq has now banned travelers from 7 countries after reporting its 1st case on monday among the banned countries is iran its confirms 15 deaths but has denied reports that the talk could be much higher bahrain afghanistan kuwait and some arent. All reports its infections now in europe italian authorities have sealed off the worst affected towns in the north of the country 7 people have died there and more than 200 are infected the highest concentration outside asia at least 10 people have died in south korea where there are almost
By about 414 points. Things have bounced around rapidly. Weve seen the volatility. Part of that was the big selling that happened. Nasdaq off another 140 poijnts. Looking at the 10year trading down talking historic lows every day when the 10yearwas above 1. 2 on the ticker, i was looking for it this is an important time to watch that, didnt you think it is crazy its a new time line to look at global rates we never thought these type of rates would get to us. They are still higher than the rest of the world is at. It is still staggering it is unbelievable and shocking on the daily basis. Providing the context. It does not happen often they are usually tied to an event. 1998, it was the collapse of the he hedge fund in 2010, resulting in a drop 2008, the financial crisis led to a fourday decline of more than 1,500 points. And now the coronavirus with a loss of 3,200. The big one was 1987 that wasnt really precipitated by any other event other than insurance. 22 in a day i want to make a
Damage. China near a takeover of the airline hna, saying it wants to stem the economic fallout from the coronavirus. Cruise passengers return. The first batch of hong kong residents from the diamond princess are due back in the city today, but there is lingering confusion about their arrival. U. S. Attorney general william barr tries to invoke an old law that protected tech companies. Ike google and Facebook Paul nothing has been happening released since you have been gone. Lets check in on futures in asia today. New zealand already trading at the moment. X higher by a quarter of 1 . 1 in by 1 5 of australia. 771 millioned profits. Pretty flat. Qantas seeing an impact from coronavirus. Few catalysts to watch out for. Aussie jobs expected to rise a little and china expected to cut its loan prime rate. We have machine tool orders out of japan as well. Emily i want to look at where u. S. Markets closed today. Lets get to bloombergs taylor riggs in san francisco. Taylor risk on across the