Staying inside, staying inside people around the world are turning to music and anything else they can think of to fill the endless hours. I am anthony howard. More than one Million People around the world have confirmed Coronavirus Infections and over 55,000 people have perished. The United States is at the epicenter as we look at the latest developments around the world. In the u. S. They have registered the worlds highest deadly death toll. Thursday saw 169 confirmed deaths. 23 has refused entry to aid foreigners south korea has refused entry to aid. Germany has 80,000 confirmed cases and over 1000 deaths. The leader of the countrys Disease Control institute says the new data is indicating a slowdown in new infections. The chancellor Angela Merkel says this is cauause for cautios optimism. It is true that the latest figures from the institute, as high as they are, give some hope. Ththe increase in new confirmedd infections is running a little slower t tn it was a a few days agago. B
Symptoms, hanks says he and his wife and rita wilson feel better. In a tweet announcing their improvement, hanks reiterates sheltering in place and says this too shall pass. Those are some of our top stories on this monday, march 23rd. From abc news, this is world news now. Thank you for jning us on this monday. We begin with the battle over that rescue package to address the pandemic. Talks on the economic rescue bill resumed this morning after democrats and republicans failed to strike a deal. As the virus continues to spread across the country, President Trump activated the National Guard in the three hardest hit states, saying the federal government will pick up the cost. And after one of the worst weeks on wall street, s p 500 futures fell 5 minutes after opening gaining the maximum drop allowed. More now from abcs zachary kiesch. Reporter talks resumed on capitol hill as lawmakers worked to put together a package, now expected to provide at least 2 trillion in Economic Relief ami
Treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview it was a call as well with secretary mnuchin what stood out to you . That you shouldnt lay people off. I want to point out i got a correction, he said on Small Business payroll, two weeks, he meant two months two months means you do not lay people off without, i think im not saying its irresponsible but everything is being done to keep businesses open Small Businesses open. David, with the fed, i think theyve taken off to me anything involving credit the secretary talked about anything involving liquidity we cant produce demand. You keep people around for two months, but they wont be able to produce demand. There will still be a burden on Small Business not sure how that will be resolved thats an interesting point jim, we did we were watching the futures, which appeared to be limited down at different points in it the evening last night after japan opened as well then we got a fed announc
Top of strong rally yesterday. The dow industrials having biggest oneday point gain ever, 11 and a third percent. S p up 9 , 209 points higher yesterday. President trump says he wants the country opened up and raring to go by easter. The white house quarantine for those People Living new york which has more than half of all cases in the United States right now. The private sector stepping up against its fight. 3m chairman and ceo with teaming up with ford and General Electric to make respirators and ventilators. India on lockdown. 1. 3 billion people ordered to stay home. Mornings with maria live right now. We want to check Global Markets this morning. In Europe Senate agreement of stimulus plan leading to green across the board. Check up the markets, s p up and overnight similar story, finishing strong, take a look at the asian markets. Best performer in japan, kospi in korea up almost 6 . Oil prices this morning on upswing extending gains a third section in a row. Twentyeight cents a
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