Ventilators. The dire situation as Health Professionals put their lives on the line to save others. Donating dramas. The popular tv medical shows are pitching in to help. Thank you, we appreciate you. We love you, stay safe. Closed productions, now offering their masks and gowns in the fight against the virus. And celebrating the life of kenny rogers. His sevendecade music career dominating the pop and country charts. Youve got to know when to hold em know when to foldem how he delighted his fans through the years. Hey, good morning, everybody. We really hope youre staying safe and following the latest guidance from Health Officials this morning. Saturday, more than 20 of the u. S. Population, that is 1 out of every 5 americans has been ordered to stay at home. New york, illinois and nevada now joining california and pennsylvania in shutting down all nonessential businesses. There are more than 275,000 diagnosed cases across the globe and more than 11,000 deaths. Nearly 20,000 cases he
Points, s p is now down 17, nasdaq is down by 18. A couple things going on. First and foremost, last day of the quarter. Just to give you a sense of whats going on with the markets, obviously the s p for the quarter down about 19 . Thats as we were going into today. The dow down about 22 as we were going into today. Now, if the dow closes at about 22 lower for the quarter, this is the whole First Quarter of the year, we havent seen that kind of low for the dow since 1987. The s p 500, again, down 19 and that would have been a level we had seen back in 2008. Theres a lot of things going on right now. Obviously we are looking at potentially an economic contraction, if you will. But some of you are saying this might not necessarily be permanent but its something certainly to watch. We are going to get the adp number tomorrow at 8 15 a. M. Eastern time. Lot of layoffs going on. Obviously we are going to keep pounding on investor psyche with all the industries furloughing workers during the
We could slay the bear today as the dow is rallying for the Third Straight day despite a shocking, shocking record high weekly jobless claims number. Take a look at the markets right now. We just went above 1,000 a couple minutes ago. The dow is about 1,006 higher. The high was 1219 points for the dow. We are watching that number. S p is up 116. Nasdaq is up 296. A gain of 4 . Again, the dow and s p could notch three Straight Days of gains today. Weve got an hour to find out. So the dow is trying to break out of that hibernation. The number to watch, 1,109. 77. Write that down. If we can close above that, we will have rallied 20 from mondays low. That means we technically exit the bear market. Our floor show panel will give us more perspective on what that means to all of you. And as the u. S. Death toll from the coronavirus tops 1,000, one tech company is working to help john hopkins and astrazeneca to find a treatment or cure. Hes here in a fox business exclusive. We have been talkin
S p is down 76. We are watching all of these markets. A few things are going on right now. Investors werent impressed by the feds vow to buy an unlimited amount of Government Debt and give loans to businesses, big and small. Theres one industry that Coronavirus Crisis is impacting directly, restaurants. They are closing their doors to patrons, trying to shift to takeout only. We s ghave got the owner of a gp of restaurants who will tell us, he will say this, the restaurant recession has already started, already in effect. We know folks are out of work but how bad is it . We will find out. Theres also sharks in the water, there always are. Investors are not just looking for an edge in the selloff but advising businesses in how to survive the crisis. Weve got one of the best in this. Hes an investor, an entrepreneur, founder of fubu and the star of shark tank, daymond john will join us to give us his perspective in all of this and oh, yeah, we are going to check in on liz claman as she b
Analyze these markets. He is looking for opportunity to talk about that. Senate as of yet failed to advance a coronavirus stimulus package. We do have our eyes on the senate floor right now. We have a live report from capitol hill coming up in a few moments. State after state is issuing strong stay at home orders. Were going to give you an updated list. Were asking a big question, when it comes to the virus, are we flattening the curve . Dr. Nicole saphier will give us her take. All that and more coming up on making money. Cheryl keeping a close eye on washington right now. The senate is currently attempting to push forward its giant phase 3 coronavirus bill. Democrats blocked the two trillion dollar rescue plan overnight. There has been a lot of twigs twists and turns today. Hillary vaughn live from capitol hill. Reporter i want to take you to a live look from the senate floor. Right now senators are revoting on procedural vote to begin debate on coronavirus bill. That vote failed ove