Day where we can see some real progress. Charles what this means for businesses coming up, what this means for businessing coming up. Plus as more may be needed, a man whose devotion to the constitution sparked a uproar on friday. Kentucky congressman Thomas Massie will be one of my favorite guests today. Food network host guy fieri joins us spores forces with other Celebrity Chefs to create a relief fund for restaurant workers across the country. He will join me at the government of the hour. All that and much more on making money. Charles briefly exited bear market territory. The s p, nasdaq however, remain more than 20 off their alltime highs. Not all bear markets, folks, are the same. In fact according to Goldman Sachs there are three types of bear markets. You have got structural, the ones with the most devastating downsize. Theyre caused by financial imbalances. You have cyclical. These correspond with normal slowing economic cycles. Then event driven. Event driven bear markets a
And change, the nasdaq up 224. Investors are hoping we have already hit that bottom from the coronavirus outbreak. Were not saying were hitting the bottom at fox business but were hopeful. All of this as the medical world is searching for solutions to limit the viruss deadly effects. Northwell health turning to 3d printing to churn out test swabs. They are going to be here to explain exactly what this means. Pretty exciting stuff. And the elf beauty ceo is here exclusively to tell us how his company is faring after the coronavirus has shut down another outlet that sells his products. Plus, liz claman wraps up her final day on selfquarantine focusing on workers as some amazon employees walk off the job and other businesses have the help wanted signs hanging on their front door. We are less than an hour to the closing bell. Im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl we begin with some breaking news right now. We are just learning American Express ceo is s
In trading in these Turbulent Times with a packed show today so lets dive right in. And as the number of cases of coronavirus worldwide eclipses 750000 with more than 35000 deaths in the United States has become the epicenter of the pandemic with more confirmed cases than anywhere else in the world on sunday despite hopes of returning to the u. S. Economy to normal by easter u. S. President donald trump announced the extension of social distancing guidelines through the end of april to peak indents the rate is likely to hit in 2 weeks nothing would be worse than declaring victory before the victory is one. That would be the greatest. There for the next 2 weeks and during this period its very important that every one strongly follow the guidelines have to follow the guidelines that our great Vice President holds up a lot hes holding that up a lot he believes it is so strongly the better you do the faster. This whole nightmare will end. Therefore we will be extending our guidelines to ap
Connell mcshane. Melissa ima Elizabeth Melissa francis. But off the lows of the session. Any minute President Trump will be visiting the cdc in atlanta after signing 8. 3 billion emergency coronavirus bill, earlier today we will bring you any comments from the president if he stops to speak to reporters. We have fox Business Team coverage blake burman is live at the white house christina is on the floor of the Stock Exchange and bill flynn is watching the action and oil at the cme. Lets kick it off with christi christina. We came back within the last 15 minutes, we saw a 500point swing to the upside, tons of volatility inc. Connell pointed out the red, green and the only felt down 1 roughly, not even 254 points. The nasdaq down 1. 87 . Off of the session lows, especially towards the last 15 minutes, a lot of buying and selling. If you take a look at the week, across the board those of the charts youre seeing, s p 500 up about 18 points, down 457 points, we are in the grade, not at 2 bu
Why do we go to war because we view the key to Economic Growth as oil and energy we go to war is Vice President cheney said for the oil thats why they invaded iraq for the oil thats why trump says the one thing we want in syria we really dont want to go to war with russia we want to just control the oil. And the gas lines and the pipelines through afghanistan so the military is really an extension of controlling a world of energy and oil. Markets are rebounding after the worst week into a week in a decade this is the one business show you cant afford to miss branch of war and im 50 im watching 10. Now on march 8th in the coronavirus being applied to time kind of an inside the country breakdown of how to fight the pal and whats going on in the u. S. And Chinese Markets are on the rebound but the Manufacturing Sector has taken a hand to the fire will break down the recovery effort plus some of the outbreak has played a major role in Popular Culture but now the platform is playing a key r