School districts closing around the country and the virus hitting the Nations Capital. Senator ted cruz now under selfquarantine and the Big Questions this morning about sporting events, the major tennis tournament canceled and the unprecedented lockdowns. More than 16 Million People in italy under quarantine. Venice tourists told to stay indoors. Our team is there live and spread out across the globe and dr. Ashton is here on call answering all your questions this morning. 2020 showdown. The twoman race for the democratic nomination. Joe biden and Bernie Sanders battling it out one day before six more states vote. Is michigan must win for sanders . And harry and meghan participating in their last royal event this morning, reuniting with family and the queen after a whirlwind week of goodbyes. We are live in london as harry and meghan officially make their royal exit. And we most certainly do say good morning, america. Hope everybody had a great weekend and great to have t. J. With us.
The Chinese Market has been pretty resilient amid the turmoil. The nikkei to do five higher by 6. 7 . Bluechip stocks stocks looking attractive, up 0. 8 , the cheapest since 2009. Wont be surprising for investors to be picking those out. The rest of asia was pretty much down. The hang seng rising 4. 5 . The benchmark in new zealand higher. Lets flip the board and see where we are in terms of futures. A higher open. It is surprising unlimited qe did not raise the s p more than most people thought. Futures acrosstheboard pointing to a higher open later today. Now, hong kong is taking drastic measures after a surge in imported Coronavirus Infections. From midnight wednesday they will ban nonresidents from visiting for 14 days and will stop bars and restaurants from serving alcohol. Lets bring in stephen engle. Lets start with these latest measures. Why is the government feeling they are necessary . Stephen last week they put in another step where they required a 14 day quarantine for all
Globe would be the shutdown more restricted access to help fight the spread. Well the coronavirus pandemic is only timing its grip on europe this friday to the point where italy is calling in the army to enforce a lockdown in the region of lombardy that is where we will start as we go around the world this hour italy 1st of all with just over 3400. 00 people have died that is now more than anywhere else in the world including china infections of now surpassed 40000. 00 there as well in spain the numbers growing at an alarming rate a 1000 people have been killed and fictions are up at 20000. 00 almost in the middle east iran Just Announced another 149. 00 deaths bringing its total to more than 1400 president Hassan Rouhani is calling on iranians to stay united to tackle the crisis and in the United States the governor of the countrys most. State california has told everyone 40000000 people stay indoors stay home 1000 infections have been reported there so here is the team this hour on A
Fight of our lives. Secretarygeneral calls for an immmmediate ceceasefire around the world. And. I thought it was a pretty strong girl. But. Across the United States Small Businesses are dying as customers are forced indoors. Hello. The United Kingdom has unveiled more measures to combat the coronavirus. Boris johnson announced a series of restrictions to keep as many britons inside as possible including the banning of gatherings of more than two people and the closing of all shops selling nonessential goods and attempt to slow down the spread of coronavirus. Also on monday the World Health Organization released a grim figure is saying it took 67 days from the first reported coronavirus case to the 100,00 0th case. But it took days to confirm the and just fourn days for the number of cases to hit 300,000. But the death toll in italy has a client for a second day. Taking the total past 6000. Roll hass detath risen to a total of 2182. In partial lockdown with everything except essential
1 you see it there at. 89. An amazing day yes, it is. Thank you so much. Welcome to power lunch. We have all the angles of this historic sell off covered. Bob is watching stocks for us. Rick tracking the historic lows in bond yields all eyes are on the trump administrations response and stooefr steve is on the feds next move. Well start with bob were back at the lows for the day. That 7 level becoming important because of the Circuit Breakers. We had the halt at 9 33 eastern time lets review the Circuit Breakers because they were very important this morning these are long history but only used once. Level one down 7 . We saw that at 9 33. Theres no other halt if were down 7 . Next level is down 13 that would be another 15 minutes until 3 25 p. M. Eastern time and there would be no trading halt at all unless we went to level 3 down 20 that would halt trading for the rest of the day. These Circuit Breakers had a long history this goes back to 1987 remember that 22 drop everybody said we