Effective at midnight, a shelter in place order for residents of six counties with on the exceptions for essential reasons. That evening. We have more on that shelter in place. First we want to get to the latest numbers. There is at least 510 confirmed cases of the coronavirus. In the past few minutes, Santa Clara County reported two more deaths bring the total up to eight. Across the united states, there nearly 3500 cases of the coronavirus and 68 people have died. Around the world it has infected more than 180,000 people and killed more than 71. They finally let the port of oakland this morning. The cruise liner is now anchored in the bay between San Francisco and oakland. There still 340 crew members. They will stay on board for the next 14 days under quarantine. 75 medical workers have been brought on board the ship. On wall street, stock had the worst point drop ever. They were down about 12 percent today despite a emergency rates cuts the federal reserve. Today the dow jones lost
Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport dramatically affected. The nba has suspended the season indefinitely. A few days ago they banned reporters from locker rooms. Now the whole sport is shutdown. The Seattle Mariners will not be playing any home games. The early baseball season is in question. There will be an announcement later on the nhl. Social distancing is apparent across the country. You can see it and businesses are feeling it. Theres a long list of conference and meeting cancellations that is barely hurting airlines, hotels and
Coming out of santa rosa or novato. 101. Highway 1, just a heads up to you. Take your time out there. We want everyone to be safe out there on the roads. Showing you 280 here. Very light traffic in the south bay right now. Havent seen any problems down there. Bit busier in the east bay looking at walnut creek beginning to see the tail lights as people make their way south this morning and drive time as we go here. Albany to the maze. Eightminute ride and highway 101 to cupertino a tenminute ride. Reggie and kumasi. Developing news on the coronavirus emergency the World Health Organization is calling the situation a global pandemic. John Hopkins University has been tracking the number of cases and as of this morning there are 1,300 cases in the United States. A statewide recommendation to limit large gatherings to fewer than 250 people. The Trump Administration is also taking action banning travel from europe to the u. S. We begin with more reporter jul glover is live at mineta san jose
Right now at 6 00, we have a dropping 7 . It could come back at about mostly clear start. Lets get a look outside in 6 50 this morning. Very concerning, though. Walnut creek as we look at the we want to check in with cnbcs temperature trend. Frank collins this morning. A jacket needed for the start of not the first time we have seen the day, we start in the 40s, it this week, frank. And then we will end in the 70s. Yeah, may not be the only time we see it today. Theres a backup at the bay opened about ten minutes ago, bridge. The metering lights turned on and all of them fell 6 , and just after 5 45. Its the fast track lanes that then the trading being paused for 15 minutes to try and reduce have the most traffic volume. Volatility. The dow fell about 1,700, and we are looking at a smooth flow of traffic on the approach. That follows yesterday, and the the rest of the bay, no real blue chip yesterday saw the problems as far as speeds. Largest drop in history, more back to you. Than 1,4
Petaluma and for santa rosa, you can see those temperatures warming up into the 60s and 70s. Our freeways are doing pretty good this point, very quiet on the roadways however we are getting some reports of some delays from uni. If you use the altera line, a delay at 46 three due to a broken down train. Shuttles, though, are in place. Outbound trains will be switching back at sunset so this is delaying inbound trains. Just a heads up and plan for that this morning. Back now to our coverage of the coronavirus pandemic to slow the spread of the virus late last night, governor gavin newsom issued some new guidelines on public gatherings. Public Health Experts they gathering should be postponed or canceled across the state until at least the end of march limited to no more than 250 people. Smaller events can go on, only if organizers implement social distancing of 60 per person. Those who lost their job or of had their powers reduced of the coronavirus outbreakmay be able to partially recov