I think theyre all feeling like friday these days. Welcome to fbn a. M. Im lauren simonetti. Cheryl yeah, lauren, hey, good morning to you. It has been a volatile week, a crazy week for investors. Governing, everyone, govern,d morning, everyone, im cheryl casone. It could be limit up today in the futures market, the sips close to that level, 2534 is the level. Watch for that number. All the averages are down for the week but right now the dow is up 824 points in the session, s p up 104 and change, nasdaq is up 355 points. Lauren i will take it. Lets take a look at commodities this morning. Oil prices, 26. 78 a barrel, a gain of 6. 2 . Gold up 2 at 1508 an ounce. Cheryl we have seen historic moves in the 10 year treasury, in the bond market in general. Take a look at this. We are down 11 basis points, the yield is 1. 048 . Thats actually a good thing for a lot of Bond Investors out there. Lauren major bounceback in asia, if you take a look at the kospi, sold off yesterday, up 7 andahalf
From there. Oakland and San Francisco dry, partly cloudy and comfortably cool rob. All right. Thank you john were checking in on the bay bridge 80 wesson to San Francisco still stacked up at the toll plaza and a lot of these folks that you see here they were late getting to pay kates because they were stuck on the shore freeway we had a hot spot up enrichment and so that held back a lot of folks so they made it now its a jam from the bottom of the maze, but still under 15 minutes to make it an highway for me still have a motorcycle crash working in pittsburgh westbound at bailey we have 2 lanes closed 2 left lanes blocked so its crawling out of pittsburgh right now but keeping traffic light on the bay 0. 5 45 minutes because of that crash antioch over to concord will check more slow downs coming up. That was the announcement to passengers over the weekend and this morning we just found out moments ago that they will be docking at noon. At the port of oakland that infected ship with 21
The last 24 hours to more than 3400 surpassing chinas deaths brazils cases more than doubled in just 2 days with more than 621 infected and 7 deaths its senate move to approve the state of emergency over the pandemic the United Kingdom also is taking measures of its own to help its citizens. We have strict measures announced on monday holding a very good ability all the nations of us who though this for asians we are could be 10. 10 cafes was at risk rules to this to this day care. And goes to do more. To stress that we reviewed the situation each month. So we could relax any of these measures as President Donald Trump said hes not considering a National Lockdown but is limiting nonessential travel on the u. S. And mexico border summer the one taken with the us Canadian Border were working with canada and mexico to prevent the spread of the virus across north america very closely you heard what we did yesterday with canada is a joint comprehensive effort in collaboration with our neigh
But did bern knee pull biden too far to the left . Well react. It is monday march 16th. Fbn am starts right now. Cheryl here we go, welcome to fbn am and good morning everyone. Im cheryl casone. Lauren good morning to you at home youre like lie watch withing from home not the gym not work this morning thank you for joining us im lauren simonetti. Cheryl lets take a look after feds dramatic move late yesterday. They cut rates, and they agreed to 700 billion in bonds purchases e mostly treasure reis. Some of those mortgage back securities were limitedded down overnooght for the s p and nasdaq right now dow down and s p down 128 and half nasdaq is is down 3. 59. 75 and cannot go below 5 and remember, though, folks dow had biggest one day surge since 2008. This is volatility. Lauren take a look at the ten year treasury how pan pick investors are really down, 7 . Cheryl on fed moves we saw oil go briefly below 30 a barrel overnite right now were at 30. 10. But thats selloff 5 for oil this i
Its finally gotten on top of the stunning lack of testing. What is the reality on the ground. Chaos. Massive lines for americans returning home as the travel ban goes into effect. We feel unsafe and more at risk of getting the coronavirus. More major American Airlines slashing flights across the country. The well have the very latest on that. Messages not received. Scenes of crowded bars and restaurants around the country this weekend. Why are some ignoring the pleas of experts and at what cost . It is a new day in america. Tens of millions of families across the country waking up to the reality of work and school from home. Its really frustrating. Its anxiety inducing. The question, is our nations infrastructure prepared to handle this. Were going to show you where adults and kids can turn for help today monday, march 16th, 2020. Announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb live from studio 1a in rockefeller p