minutes. mike, any new issues popping up for the commute? no. let s not jinx it. looking at the green sensors all around the bay and little slowing out of the altamont as we expect this time every day. no problems contra costa county and pushing towards the bay bridge. starting to build a little bit of volume and in the north bay we continue to follow those closures. 128, 129 all highways you ll hear about related to the fires. back to you. that s right. that s what we re talking about. breaking news we continue to cover. fire crews working fast to cut containment lines around the glass fire in napa and sonoma counties. they re concerned about another round of red flag warnings. the fires burn nearly 52,000 acres. it is only 2% contained. flames have destroyed 143 homes and damaged 46. now the burn zone in napa and sonoma counties continues to grow. more than 26,000 structures remain threatened. and fire investigators are really trying to zero in on what sparked this fire
endangerment of public health. he s investigating. in boston, a packed party boat making headlines. absolutely no social distancing. that party boat operation has been completely shut down. in new jersey, no pictures yet, but 700 people attended a liberian independence day party. it was staged at an airbnb rental. plenty of alcohol and twerking. it took police five hours to break it up. hundreds ticketed. there is, however, positive news on the virus. pfizer is now in phase 3 testing for its vaccine. that is the final stage. just like moderna. and the increase in virus cases in two key states, california and texas, is slowing down. you better take a look at this. kodak. remember them? they are getting $765 million from the government to make the ingredients for pharmaceutical products. they will replace china, which currently dominates the supply chain for the building blocks of drug products. watch that stock go. the dow industrials, they are going to be on the down side
we are answering your questions about the crisis from small business owners to individual investors, tweet me at cb payne, all that and more on making money. charles: stocks are down as effort to combat coronavirus taking a serious toll on our economy. i mean, losing 701,000 jobs in march, that s the worst monthly lost since 2007. the market held up better in recent weeks, but few folks believe that the worse is over. get this, there have been 20 s&p bear market rallies of 15% or more. how do we know if a bottom has been reached if any of the moves are higher temporarily and do we go back down. i will bring rob luna alicia levin. alicia, let me start with you. this week i will figure out what the market did monday through friday for the last 3 weeks, i would argue they are probably up but the friday sessions have been reminders of just how dangerous this territory is and how much of the unknown is out there. how are you assessing it all? alicia: right, i think we can ca
and i m marcus washington. mike will get us through the commute but first we start out with the forecast. beautiful today with temperatures well above normal. reaching into the upper 60s up to about 69 degrees in san jose and even 70 in morgan hill. we ll be slightly cooler than yesterday but this is all still well above normal as that sunshine continues in the forecast. we ll take a hook ahead to the weekend. mike, you were concerned about the san mateo bridge. it is not on the chp blotter but our live camera let us see what is going on. still flashing across mid stan and slowing now from the toll plaza view. now the sensors haven t shown a major problem but the starting to turn, you see that yellow, we ll watch that. i believe that issue will be cleared in the next few minutes but the dumbarton is just fine. the rest of the bay shows a light volume so right back to you. thanks, mike. new overnight for you, an elderly man is recovering after he disappeared while hi
all that and much more on making money. charles: an indifferent session became one of high anxiety and selling. there is debate what is impacting the market most. first the world health organization held the coronavirus update, noting that iran finally reported numbers of those infected including two deaths. the doctor portrayed a race against time arguing the window of opportunity to contain the virus remains open. he urged everyone not to squander the chance to arrest this situation also noting that the window may close. that coupled with reports that u.s. hospitals are gearing up for a pandemic triggered the selling. then there were also comments from fed vice chairman richard claire reed today, who threw cold water on potential fed rate cuts this year, noting that the u.s. economy is strong and in his opinion most market participants don t expect rate cuts this year. we ve got some major market participants who will weigh in on that. meanwhile the selling is swift and