In case of s p 500 and whats happening and dow up better than 40 from that period. The dow hovering over 26,154, a little more than what, 3,000 points from alltime highs reached in february . It is a bit of a remarkable turn around here. We are on top of that. Were on top of promising signs when you hear mark zandi, the moodys chief economist who is now saying that the covid19 recession is over. That job losses are not as bad as feared. That he sees a pickup in jobs starting in this month. He was mr. Doom and gloom. If you want to be contrarian, run the other way on that. For him to say that this might be the worst that has come and gone, better days are ahead that is greasing the skids for more buying. Were following that. Following what is happening on the Interest Rate front as they pick up. Again it is really reflection of the improving global economy, keeping an eye on that. Keeping an eye right now on new york city and whether things can kind of be what they were like last night.
What the governor said a moment ago, he is tired of being behind this virus. We have been behind it, playing catchup from day one, trying to put a plan in place that puts him ahead of it, plans what he believes will be the apex in terms of the virus and the impact on the state of new york in the next two to three weeks. Before we go back to the numbers, another thing the governor mentioned in albany a moment ago, his brother chris, who host as nightly program on cnn, is positive for covid19. His symptoms, according to cnn, are mild. Chris cuomo will continue to host his nightly program, they say from his home on a daily basis, again with mild symptoms. The governor has been talking about his brother who he says is his best friend here for the last few minutes. Before that he did go through these numbers. Lets put them back up there. 75,759 cases in the state of new york and 1500 deaths. 1550 is the latest number, up from over 1200 yesterday. These numbers, to neils point continue to ri
Others asking if that daily commute is too risky. Basketball, soccer and hockey seasons suspended. Tournaments, marathons and baseballs opening day canceled or postponed. Its weird circumstances right now. Brennan disneyland and disneyworld shut down, lights out at broadway on carnegie hall. The president called for a national day of prayer, but many churches are closed. And wall streets unprecedented 11 year bull market run officially ended last week. Military exercises were also scaled back, and protective measures taken to help those serving overseas. Those on the front lines at home. Doctors, nurses and First Responders continueed to show up and serve. As did the journalists who need to keep the public informed. That hit home for all of us at cbs this week. Our new york headquarters shut down after four of our colleagues tested positive for the virus, leaving us all scrambling to get the news on by remote. That meant it was all hands on deck in our network buer oats, and at our nat
Will be soon. Because if it looks like youre overreacting, youre probably doing the right thing. Reporter the nations top Infectious Disease inspector made the rounds warning it could be weeks if not months before things return to normal and cautioning americans to hunker down. Every single day we meet with the task force. You dont want to make a pronouncement that no one should go into an restaurant, that might be overkill. Reporter fauci called short of calling for a National Lockdown as governors warned prolonged lockdowns. And pressed the administration to step up its response. We have never fought a virus like this with this potential consequence. So, plan forward. Plan forward. Reporter as wall street braces for another volatile week, treasury secretary Steve Mnuchin said the administration is working with congress on its coronavirus aid package and will discuss potential help for Hard Hit Industries like the airlines. Providing liquidity to just businesses that just need liquidi
Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you, im annemarie green. Yes, we are back in new york, but wewere still being impacted by the coronavirus, as are many of you. Were still going to give you the information that you need. This morning states are taking aggressive action to battle the coronavirus pandemic. In the u. S. The number of cases tops 3,600. The death toll is at least 69. Starting today Public Schools are closed in at least 33 states. In new york city mayor bill de blasio says classes will not be in session until april 20th. Starting tonight residents in hoboken, new jersey, must adhere to a curfew as philly murphy says he is urging people to shelter in their homes. Meantime, a Government Official reportedly says that a Clinical Trial to evaluate the Coronavirus Vaccine is set to begin today in seattle. Cindy palm has been tracking the latest developments and is joining us now. Whats the president saying that people ne