Whether to amend that with a bigger proposal because we all know a bigger proposal is necessary, but ive decided were going to go on and vote as soon as the senate can get permission to vote on the bill that came over from the house, send it down to the president for signature and thus reassure the people around the country that we can operate on a bicameral, bipartisan basis quickly. Second, we will not leave, the senate will not leave until we have passed yet another bill and clearly, that will have to go in two steps. As i indicated earlier, First Senate Republicans and the administration are going to try to reach an agreement on what we think is best for what could best be described as phase three. Then the senate being the senate, we will sit down with our democratic counterparts and see what we can agree to. We will not leave, the senate will not leave town until we have processed yet another bill to address this emergency. With that i will be happy to take a few questions. Repor
To shut things even further down, especially that News Conference from andrew cuomo today really took the air out of the rally for today. We have to say is we look at the dow down 152 points in the s p down 22, the president remains hopeful. I believe in a lot of things. I want to get workers money and whichever way the best way to do it and i want to keep businesses open. So we are going to get an update on the plan. Senator kevin kramer will join us during this hour and we have Market Analysis from our very own Charles Payne. He will be calling in and you dont want to miss him. A lot more coming up during this hour, making money starts right now. The white house launching fresh travel restrictions in wake of the coronavirus crisis. At the same time the publi republicans trying to get democrats on board with the white house latest stimulus plan. Lets bring in edward lawrence. He is live with us with a lot more. Edward. This is a phase three stimulus and its an expedited form going for
Jumping more than a thousand during the press conference, is settled after that. But they are all up big time, a vast difference from yesterdays blood bath. Hillary vaughn is live at white house, jackie deangeles the new york stock exchange, but alex hogan is life in st. Patricks cacathedral that would have beea very busy st. Patricks day. Reporter a year ago, i would be standing here with about 2 million people, watching a parade go by, this is a different side of new york from what people are used to seeing, as cases spread, more people are told to stay inside, the major landmarks in new york are empty. Millions of people worldwide are under lockdown, they vary country by country, here die he state. Most banning gatherings, and and 5 million. Pennsylvania will close state owned wine and Liquor Stores at 9 p. M. , new jersey closing malls, and ohio calling identiff prime elec election. These close ours cutting deep into the nations economy. In terms of the economic dislocation, it is
Points. As the coronavirus outbreak shows no sign of slowing here in the united states, the s p and nasdaq are going to expand after earlier rallies. Down three and a third , nasdaq down two and a third period in what will be possibly the most important hour of trade this entire week, our market power panel among them manage more than 1 trillion is here. Whether he sees any Entrance Point and Eric Freedman on the one sector he loves in both good times and bad. As new york governor orders the entire estate to shelter in place, one of the biggest hospital chains is kicking off Clinical Trials in partnership with gilead, the two Companies Close to a vaccine. The man, the doctor overseeing the study of patients who have tested positive at the hospital gives us a scoop on how quickly his team can get the job done. Movie theaters across the nation have gone dark. The Box Office Receipts are plummeting. Amc theater ceo adam of Amc Entertainment on his Companies Fight for survival and how much
Student loan debt and new york orders 100 of the states workforce to stay home except for essential sftss. California, illinois and United Kingdom asking residents to do the same moments from now, he runs the largest restaurant in the world. Mcdonalds ceo will join us for an exclusive interview to discuss the companys response to the coronavirus that live interview coming in just a few minutes lets focus on the big stories we are watch iing. Mike tracking the market moves in the final hour of trade bob pisani on the unprecedented week for stocks. Meg has the latest on the coronavirus. Mike, first to you on this Market Action on the final weekday of a crazy week. Its still skittish there was a couple of days we were able to pull out some clues of stabilization a chart of the s p 500, we keep going back to the levels of tight end 2018 right back there now i think you can look under the service and say the market was trying to differentiate. We had perhaps a lull in this heavy liquidation