Overseas, the race to escape. Long lines Fill International airports. Americans scrambling to fly out before President Trumps travel ban goes into effect tonight, worried about being stranded overseas. Stocks in a free fall. The dow tumbling 10 , the worst day since black monday more than three decades ago. Lawmakers in the Trump Administration now racing to reach a deal for a massive aid package to bolster the economy and help working families. Plus, the superstar singers postponing their concerts from celine dion to cher, to billie eilish. The ncaa saying there will be no champion this year, canceling march madness. Major League Baseball canceling open day while hockey and soccer suspend their leagues, joining the nba. The basketth ou from here at home and around the world. And good morning, america. We hope you are well this friday morning. Its an anxious time for all of us. We get that, and we are committed to bringing you the best information and advice as the coronavirus pandemic
Conference in the white house rose garden is imminent. Hes expected to declare a National State of emergency over the deadly coronavirus pandemic that has taken the lives at last count of 41 americans and infected more than 125,000 people around the world. As we await the president to appear before the m cameras, we will take it the second it happens, markets on the verge of closing out the worst week since october 2008. We are firmly still in a bear market right now. What if anything can the president say to pull the markets out of this weeklong tailspin . To our floor show traders. We are teeing it up in front of the president. You have been on the markets front line. Tom at the nyse, phil at the cme. What Market Indicator will you most closely watch as the president speaks . Well, we saw extreme fear yesterday and they always say when no ones worried, thats the time to worry. Well, yesterday everyone got worried and they came out with massive action. Mnuchin reminded me of mario dra
To the airwaves looking quite peake it i might add to announce that yes we finally have to take this threat seriously and that to keep new cases from entering our shores we will be suspending all travel from europe to d. N. A. And in states for the next 30 days the new rules will go into effect friday at midnight so everyone band except those traveling from the United Kingdom they they can still come over. I wonder why and while trump has was busy wishing he had never met had that mara lago dinner with the brazilian president both snare on his aides one of which is now a confirmed carrier things on capitol hill were just well a little sick leave our good buddy out of tennessee Lamar Alexander showed where his loyalties lie when it comes to the human crisis as he blocked an emergency bill that would have guaranteed all American Workers 14 days of paid sick leave in the event of a Public Health emergency when asked why he blocked the Bill Alexander stated its not a cure for the coronavir
We are on the curve right now and do we know where we are going . Hindsight is 20 20. We never know where we are on the curve until after it has been drawn. Reporter an Infectious Disease expert at Stanford University said making any prediction about how the virus will spread in the u. S. Is difficult. Because we are actually watching several different outbreaks at once. In new rochelle new york we know that is a very specific kind of outbreak. We get may be patterned that one. That has nothing to do with what is happening in seattle or santa clara or any other place. It is really hard to scale up a model that would take into account all the different scenarios across the country. Reporter she said italy makes for a problematic comparison with the united states. While our country has lagged in testing there is encouraging evidence at our hospitals. Even with lack of testing will probably be noticing lots more people that are sick. Reporter we have not seen a dramatic or overwhelming su
But the market obviously not the only thing that has people on edge. The World Health Organized in reporting this is now officially a pandemic and we will get into exactly what that means for you in a little bit. The number of coronavirus cases in the u. S. , now well over 1000. Twentynine deaths in Washington State alone. They have banned large gatherings of over 250 people and now were seeing severe measures to prevent the spread. New rochelle new york with the milewide containment zone. The ncaa said therell be no spectators for march madness and more universities and schools are closing by the day. Students there are engaging in online classes. Oversees its more extreme. Italy has shut down all of their shops in the entire country except pharmacies and food markets. The government they are still urging parts. We want to give you a response to the coronavirus outbreak that started in china and is now spreading throughout the world. Today, the World Health Organization officially ann