Any minute now Vice President mike pence is holding a Coronavirus Task force meeting at the white house. As number of confirmed cases continues to rise across the globe. With at least 73cases right here 738 cases here in the u. S. Well bring you any headlines from the meeting this hour. Fox Business Team coverage. Blake burman live at the white house. Deirdre bolton is on the floor of the new york stock exchange. Phil flynn is watching the action in oil at the cme. Edward lawrence is on capitol hill. Deirdre, well kick it off with you. 1100 points on the dow is worth something. What a crazy volatile day. We closed at highs of the session which always makes people feel good especially in light of what happened yesterday. This idea President Trump is considering or launched the idea in a meeting this afternoon of zero payroll tax cut for the rest of this year. Certainly giving us a added boost to the markets if you like. As far as the groups that really supported the markets the most, yo
Win would lead to a total meltdown especially when it comes to markets. Stuart talked about hong kong. Were watching it closely. Well have a run on the banks well talk about. A big weekend ahead in hong kong. Well look live where tensions stand right now. Lets get to trade, how governments are reacting to what is happening. The dow is up 275. Were ending week on up note. We have a few hours to go, still down overall for the week whether governments are aware well get to that in a moment. New stimulus could be helping stocks. Hillary vaughn starts us off at the white house. Hi, hillary. Reporter connell, President Trump says the september meeting with chinas trade delegation is still a go. He talked on wednesday with chinese trade officials. He is expecting a call soon with president xi. He said if china dares to retaliate against september first tariffs he thinks the u. S. Holds the ultimate retaliation or ultimate form of retaliation. I never said china was going to be easy but it is