Jumping more than a thousand during the press conference, is settled after that. But they are all up big time, a vast difference from yesterdays blood bath. Hillary vaughn is live at white house, jackie deangeles the new york stock exchange, but alex hogan is life in st. Patricks cacathedral that would have beea very busy st. Patricks day. Reporter a year ago, i would be standing here with about 2 million people, watching a parade go by, this is a different side of new york from what people are used to seeing, as cases spread, more people are told to stay inside, the major landmarks in new york are empty. Millions of people worldwide are under lockdown, they vary country by country, here die he state. Most banning gatherings, and and 5 million. Pennsylvania will close state owned wine and Liquor Stores at 9 p. M. , new jersey closing malls, and ohio calling identiff prime elec election. These close ours cutting deep into the nations economy. In terms of the economic dislocation, it is
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitting limit down after dropping 5 that means they cant trade any lower this morning those are the curbs set up by the exchanges. You will continue to watch whats happening with the etfs, however, because they are not held to the same restrictions. Can you see the dow etf is down by 9 . The s p etf down by almost 9 . That gives you a better idea of where the major averages would open if we were open h
In styx states head to the polls. Developing overnight, a new scandal involving a major u. S. Bank, what executives are accused of doing. How it affects customers. Plus, Prince Andrew under fire. The new twist in the sex scandal involving the royal family. There was a lady and the new ruling on stairway to heaven. A long running battle and the groups biggest hit may be over. And if you listen very hard good tuesday morning, everybody. We begin with the coronavirus and its impact on the economy. Some experts are already warning about a recession. President trump says he will discuss a tax cut and other Financial Relief with congress. The virus has spread to 36 states. At least 26 people have died. Over night the white house confirmed President Trump has not been tested despite his close contact with two congressmen who themselves are now in selfquarantine. In california the first passengers have now walked off that cruise ship docked in oakland. Nearly two dozen people on the ship have
Southeast region with a total of bilateral trade of over 58000000. 00 in goods and just over 56000000. 00 worth of trade in services and the agreement includes sections on Renewable Energy investments ecommerce and even intellectual property theft president of the European Commission John Carr Juncker said this is the European Unions 1st bilateral trade agreement with a South East Asian country a Building Block towards a closer relationship between europe and one of the most dynamic regions in the world while European Commissioner for trade cecilia on strong said our trade agreement with singapore provides further evidence of our commitment to fair and rules based trade the agreement will benefit workers farmers and companies of all sizes both here and in singapore. The European Unions competition commissioner margaret best juror wants to take a deeper look at apple pay use top regulator previously had sent out a questionnaire to merchants asking if they had been told to use apple pay.
Interview. That is coming up. To our stop story, billionaire Mike Bloomberg is officially jumping into the race. To Charlie Gasparino, who has been on top of the story. That is a lot of money. Now you have mike on a good friend of my friend greg valentino. I have to watch. I cant wait for that. But in any event. This is a huge story on a number of levels. Mike bloomberg is one of the richest men in america. I think fifth richest, could be wrong. 58 billion. Selfmade man. David wow. New york city mayor. He has upended the race at least for journalists. Now the real question Going Forward, does he upend the race, the real race . I think there are two storylines you will see coming out. One is the bigger one. Does he have impact here . Does he have impact beyond beating the hell out of donald trump, right . A lot of these ads will be saying why trump is unfit for office david he has to get the nomination first. Do they work . Do they work where they get him enough votes where he sneaks in