Begin to open questions about what does that mean, what are the risks inherent in that absolutely, rick, this is an issue that markets are paying attention to but again, both the commercial paper funding, if we get a facility, a similar way of trying to provide liquidity to markets and make sure companies can keep the doors open would certainly be steps forward to make sure that corporate sector doesnt experience too much stress as a result of this excellent thank you for your thoughts. Were running light on time and we will have you back as this proce progresses back to you. Good tuesday morning. Im Carl Quintanilla here at post nine of the new york stock exchange, Morgan Brennan at headquarters, jon fortt heads our coverage from the floor of the nyse compared to yesterday, relatively stable action no Circuit Breakers taken today, did lose 20 k briefly. Lets get to bob pisani. Not only is it a no, sir cut breakers but the volume is lower and the key event this week is going to be the
Down the coast. It is bringing back moisture as it wraps back around counterclockwise. Some of that 30s and 40s left behind on some very cold air. Some of that, though, is beginning to move in towards Mendocino County, lake county to the north and a little activity to santa cruz, although it looks like its winding down. Not a lot there. Same for the peninsula and also San Francisco. 50s on the temperatures, still below average on the highs. Sal is here. Whats happening . I want to remind people that even though we dont have much traffic, we do have some things that you need to know about Public Transportation systems, for example. Lets take a look at the roads, though. Youre probably wondering what is it like if i have to go . It is light on 80 and at the bay bridge. Some people were still trying to avoid transit. Transit is open. Airports are open. Well let you know in a little bit what some cities are doing about Parking Enforcement coming up. Back to you. So far, were now seven hour
Out in malaysia a travel ban and border closures are just one hour away. Also 2 bomb explosions outside a Government Office in Southern Thailand as a coronavirus meeting was taking place. And a 2nd attempt to end months of uncertainty in iraq a former Regional Governor is named as Prime Minister designate. And im peter scimitar the limburg chief hold emergency talks about 2020 and footballs European Championships have been called off by you way for as the impact of corona virus continues to be felt. Good to have you with us on the news a doctor working at the epicenter of the coronavirus pandemic in italy has a warning for fortys elsewhere act now italys the hardest hit country in europe with 2158 deaths related to the virus makeshift hospitals are being set up to deal with the spread of the disease and doctors said a ton of says the virus has put health care under unprecedented stress. But as you know what is really shocking something weve not been able to forecast and which brought u
States have been involved from the beginning but we are stepping it up as much as we can and the testing procedures are going well. Within a short time, the private labs will kick in. It has never been done before and i think it will be incredible if it is done properly. These are great companies, the greatest companies in the world. The states are going to be dealing through themselves and local government, local physicians, local everybody. They are also dealing with us, but we have a tremendous testing policy. Ofare announcing a expansion medicare telehealth. Medicare patients can visit a video without additional cost using facetime and skype. This has not been done before either. Telehealth services for patients , the patient is not seeing the doctor but they are seeing the doctor so there is no getting close. During this time, we will not ipaarce applicable hui penalties. They will not be enforced. We encourage everyone to max if i was use of telehealth to avoid the spread of the
Trump met with members of the Coronavirus Task force and held a briefing with reporters on latest response efforts. Variousnuchin outlined economic outlines including white house economic stimulus package for american workers. Pres. Trump thank you very much, everyone. Thank you. Progress is being made. And i appreciate you all joining us. Last night the fda announced Ground Breaking new policies to further increase testing, very substantially so. All states can now authorize tests developed and used within their borders, in addition to the fda. So, the states are very much involved. They have been involved from the beginning, but we are stepping it up as much as we can. And the testing procedures are going well. And within a short period of time, private labs will kick in. This is never been done before. And it is going to be something, i think it is going to be incredible if it is done properly. And these are among the greatest companies in the world, actually. So, the state is going