Reporting from durham, North Carolina. Boy, that really is, a huge snapback rally in the market today. Even with that, we do still have fears about the coronavirus slowing travel down around the country and we are broadcasting live today from a hotel, unscripted hotel in durham where we will take a look at the Business Impact of the virus in america. One day before this state becomes one of 14 to hold a president ial primary in what is known as super tuesday. We have a lot of politics. A whole lot coming up this hour as our swing state economy series continues here from North Carolina. Were waiting on the president. President trump is getting set to leave the white house to head our way as a Campaign Rally tonight in charlotte. Well bring you a any comments if he speaks to reporters on his way out on the south lawn. Edward lawrence own the north lawn of the white house. Well get in edward. Kristina partsinevelos on floor of new york stock exchange. Phil flynn from chicago on cme. But christina, well begin with you. Crazy day. The dow closes up 5 , largest point gain in history. Same situation for the nasdaq. Same for the s p 500. Were seeing the s p 500 close a little less than 5 . I wish i could have a hat. Normally i have 25,000 points, 30,000 points. Youre seeing 5 gain across the board. Every single s p sector closed in the green today. Lets look at some of those winners though. I want to start with the dow. Youre seeing on the screen, apple, walmart, united health, microsoft. Walmart is big winner with larger retailers like costco. I want to focus on costco for a second. That is one of the s p 500 winners. Why . You have the expectation that people are still stockpiling. So they are going to costco to by. Pictures of huge lines in costco optimism towards end of the day, that traders, investors, believe, policymakers, Central Banks will come through to mitigate any type of impact from the coronavirus on the global economy. Back to you guys. Melissa kristina, thank thank. Oil snapping a sixday losing streak. Lets go to phil flynn with more on that. Phil. It sure did. Kristina said you never want to fight the fed or all the Central Banks across the globe. Oil prices are responding to a big move back up on the stock market. Even signs of demand destruction, even though it has been historic may have not been as bad as we originally thought. There is a lot of talk about opec. Theyre the central bank of oil. They like to tell themselves thats what they are and there is a lot of rumors swirling around about a production cut. The meeting goes on the 5th and 6th. The rumor they will do a cut of million barrels. Russias lukoil says theyre on board. Well see. Back to you. Melissa thank you. Edward lawrence is at the white house where President Trump is meeting with the nations top pharmaceutical experts on the coronavirus. Reporter remarkable situation in the cabinet room. All the executives are around the table with the president. He is going around the room trying to see who could have a vaccine done first for the coronavirus. Theyre sort of fighting over each other how they can move the product faster than the other one. The president wanted to know time frames. Pfizer says they could have one done by june. Another one says they could have one done by august. Then the head of infectious disease, nih, dr. Anthony fauci, reminding the president it will be phase one trials. It will take year, yearandahalf for a vaccine. One pharmaceuticals chimed in pushing back against him, wait a minute youre being cautious with this. We can do this faster. So you have all the pharmaceutical companies sitting around. In fact one of them, novivo says theyre starting trials next month in china and south korea. They say they could have a vaccine a million doses by the end of the year. This is a remarkable scene going on inside of the cabinet room inside of the white house. The president is trying to see when these vaccines can get out and who can do it the fastest. Amazing, edward. Thank you for that. Meanwhile the u. S. Death toll from the coronavirus rising to six today with the number of confirmed coronavirus cases in the country rising to 91. Fox newss dan springer is in seattle washington, a state where all u. S. Coronavirus fatalities have happened so far. Dan . Reporter melissa, this area really has been hit hard. The death toll jumped significantly today. There are now as you mentioned six deaths. Keeping the way this virus has gone really worldwide, the people who have died all had Underlying Health issues at least those here in king county and of the six, five of the six were elderly in their 70s or in their 80s. We know four of the people, at least four came from a single nursing home. That facility, life care of kirkland is a Quarantine Zone with a team from the cdc monitoring as many as 50 residents and staff with some flulike symptoms. Today the king county, washington executive declared a state of emergency which frees up money to try to contain the spread. We have moved to a new stage in the fight to contain, mitigate and manage the outbreak. This morn we are in final negotiations to purchase a motel which we can, in which we can place patients who are in need of isolation and a place to recover. We are now starting to find more covid19 cases in washington that appear to be acquired locally here in washington. We now know that the virus is actively spreading in some communities here in washington. Reporter one reason were seeing more coronavirus cases theyre doing much more testing. Before this weekend they were only testing people who had traveled to china or other hot spots or had been in contact with people who had traveled. Now three times a day a whole new batch of test results are being released. Health officials are not encouraging schools to close or big Public Events to be canceled yet we know of at least 10 local schools that were closed today, including jackson high where a student tested positive on friday but is doing fine today. Another School District will be closing all of their schools tomorrow so they can train the teachers on how to teach their classes remotely just in case this epidemic spreads and gets a lot worse. Melissa. Melissa dan, thank you for that. Lets bring in todays panel. Adam lashinsky is fortune executive editor and also fox business contributor. Doug flynn is from flynn zito capital management. Doug, let me start with you, what is important in my mind as we look at the pattern of trading on the screen as we got negative headlines during the day about more deaths, more cases, we didnt see the market dip down into negative territory. Did you notice that . Do you think that is a big deal . That is a keen observation. There is old wall street saying that the stock market takes an escalator up and a elevator down. Today we took a elevator back up, so it is very rare. It shrugged that off. The average drop during crises such as this in the past is 13 . That is essentially what we hit last week. So it doesnt surprise me. I was really interesting to see if we would go further down from there but this is a nice pop to the upside. Melissa adam, another thing made me think it might be over last friday, there was a lot of selling in gold and you dont see selling in the Precious Metals at the same time in the market in general. From one to the other. People maybe trying to cash out trying to cover losses and positions which would have been really bleak t could have been people say, okay, this is as high as gold is going on this one. What are your thoughts . I certainly have no opinion on a commodity on gold because i grew up believing that no one does but i think the activity we saw this week and the activity we saw today can be summarized saying uncertain continues cons to rein. People had no idea what the situation was when selling began last week. The only conviction, i came to the same one when i talked to my advisor over the weekend, this is buying opportunity. But no more sophisticated than that. Melissa did you really call the Financial Advisor over the weekend . Youre such a smart guy, you dont need need advice. No. He is says im only guy that doesnt call but he did call me i think we should be buying. Fine, do what you want. Leave me alone. Melissa youre so right. I was thinking before, a let of people missed runup in apple first time around. When you see a big pull back, say to yourself that is my opportunity, takes another thing to have courage to act on it. Stand about, well come back to you in a second. Let me send it over to connell. Connell it is interesting, the perspective, melissa i would add being out on the road in North Carolina, obviously people look at the market, how it snaps back today, that is a huge oneday snapback, but talking to people on the street you get the idea how this virus could have impact on, probably will have an impact on business by the way something people are already thinking and they are still talking a lot about. Here is a quick listen. I have young children. Im worried about them being out of school. How my wife and i who both work, are both professionals. How were going to, if schools close for a month, like i heard in japan, their schools closed for a month, how will we deal with that . Im 73. The critical thing, is your personal level of health. Ive got gloves. I have sanitizers. Connell so it is getting a little bit more personal, guys. Doug, speaking to you earlier, you have personal experience, maybe you can tell us about your son, i guess trying to study abroad, right . Yeah. He was abroad in florence for the Spring Semester and he was actually on spring break. So he was out of italy for a bit. When he got the word, we didnt know what was happening and all breaking, he was due to fly back to florence yesterday. They said they were canceling the program. You know what . I will go to either vienna or london, stay with a friend, try to continue on. So we made another flight. Then they raised italy to a level four. They were saying dont come here because you might not get out. So then yesterday he is like, i think im coming home. We had three different flights booked yesterday. Part of my day yesterday was spent unraveling the myriad of flights and trying to navigate through this but we got him home yesterday. He basically converted to online classes from his house which he is not terribly happy about actually. Connell im sure he is not. That is interesting, adam, that kind of decisionmaking process, whatever happens in markets, whether they bottom out or snap book, whatever happens daytoday will impact businesses. I was talking to people here, for example, who are pretty close to duke university, yet people coming in to do research yet they canceled their reservation the last minute. Im sure where you are in Silicon Valley there is a lot of that happening . Oh, yeah. I was listening to doug speak, this is a perfect case study in uneconomic activity if you will. He is chewing up a good part of day offer on sunday doing something fundamentally not contribute to the economy. Dougs example of his sunday is perfect small example multiplied by millions. All for the past 24 hours, all ive been hearing about are people canceling meetings and canceling trips. My own calendar is getting very light. Connell it is interesting. So the Economic Impact will be there. Market does daytoday well see. Well take 1300 points theyre abouts be. Adam, doug, appreciate it as always. Well have much more as we continue from new york and in North Carolina. I will be talking about the politics of main street in a few minutes. We have a live round table of local Business Owners in what is a key swing state in the president ial election. Plus as i said much more from new york. Melissa. Melissa the countdown is on. Nearly 1500 delegates are up for grabs tomorrow. The democratic field is narrowing. Were breaking down the state of play and how democrats are planning a path forward for the partys potential nominee. You wouldnt accept an incomplete job from any one else. Why accept it from your allergy pills . Flonase relieves your worst symptoms including nasal congestion, which most pills dont. Flonase helps block 6 key inflammatory substances. Most pills only block one. Flonase. And my lack of impulse control, is about to become your problem. Ahh no, come on. I saw you eating poop earlier. My focus is on the road, and thats saving me cash with drivewise. Connell tomorrow is super tuesday and voters here in North Carolina and 13 earth states will participate in a democratic primary that has a little bit after different feel than it did just over 24 hours ago. We found out this afternoon the senator from minnesota, Amy Klobuchar was suspending her campaign, throwing her support behind former Vice President joe biden. Former south bend, indiana, mayor, Pete Buttigieg dropped out last night that leaves supporters of biden he can have the moderate lane all to himself, maybe set up a oneonone matchup with Bernie Sanders. Winstonsalem pastor paul lowe is a state senator here in North Carolina. He is the chairman of the legislatures black caucus. It is fair to say one of North Carolinas bestknown biden supporters. When it comes to the kind of politics we want to see, in terms of what needs to be done, you govern from the middle. You dont govern from the left. You dont govern from the right. You govern from the middle. That is what people see, and Vice President biden. Connell biden hoping more people see that, not only in states like this one where 110 delegates are at stake but in the real big one tomorrow night which would be california and its 416 delegates. Jonathan hunt live in los angeles with the latest on the race out west. Jonathan . Reporter connell, those 416 delegates, that amounts to more than there have been all four states combined that have already voted for their democratic president ial preference. We have not seen a whole lot of campaigning in california. The one person who had significant presence here is senator Bernie Sanders. He held a pretty raucous rally in downtown l. A. Several thousand turning out to see senator sanders. He clearly hopes he can capitalize main hope much the more progressive wing of the Democratic Party. The latest polls, including ones last friday from the l. A. Times bear that out. He in that poll, had Something Like a 17 point lead over his nearest challenger, Bernie Sanders, was sitting at 34 . But what joe biden obviously hopes, is that the moderate wing may now coalesce around him. He and Bernie Sanders, have been exchanging a lot of barbs against each other in recent weeks. But at the Campaign Rallies at least are focusing their fire on President Trump. The days of Donald Trumps divisiveness have to come to an end. With your help were going to win the democratic nomination. [cheering] and with your help, we are going to defeat the most dangerous president in the modern history of america. [cheering] reporter of course it is not just about senator sanders and joe biden. Mike bloomberg has spent millions, upon millions of dollars here. Hopes he will do well as well. And Elizabeth Warren also aiming for the progressive wing vote. Connell . Connell jonathan, thank you. Jonathan hunt live for us in los angeles. Melissa. Bracing for super tuesday. House democrats are plotting a path forward with Bernie Sanders as party potential nominee according to a politico report. Democrats are working to craft a version of his platform that has a bit less socialism but it is still something they can present to their own voters even in swing districts. Here to discuss is Dan Henninger from the wall street journal. He is also a fox news contributor. That is one way to do it. The other thing i heard from so Many Democrats over the weekened, yeah, i can still get behind bernie because the congress will be a check on him. He is not really going to put all these things into play, it is still better than trump. I had to say, he will be executive order president , he will ban fracking out of the gate. What do you think . Im coming to the same view myself. I dont think bernie cares all that much about the Democratic Party. I do agree. I think he would rule through executive orders. Obama did that. Donald trump has done it to a great extent. That is the route bernie would be taking. At the same time, i find it kind of amusing that the democrats are basically arguing that they would provide divided government. In other words they would be a brake on Bernie Sanders . Normally republicans who end up or the Opposition Party anyway who provides divided government. If democrats Start Talking this way, having socialism light, you can bet the republicans will run straight at that should bernie be the nominee and say, we, a real Opposition Party would be the brake on born bierne. Melissa because what is so interesting about that, it comes down to a real idealogical batter, what is better for working people, even poor people . Is it this idea of socialism or is it democracy . You look at Bernie Sanders. So he wants to ban fracking. Who does that hurt . Not rich people. That hurts hurts workingclass people, low income people that have to spend money on energy a low part of their budget. They are wor