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Bay area we approach 90 hundred covid19 cases and 312 deaths in los angeles is the hardest hit region with 555 new cases yesterday and that brings the total thereto more than 26 thousand. In a minute we hear from the governor as he gets his daily update on the covid19 response. Just yesterday you remember he announced some businesses will reopen as early as friday. Today we see a picture here meeting with Small Business owners and workers as the state prepares to enter phase two reopening the economy. We see the governor wearing facemasks and keeping the 6 foot plus social distance he is keeping with people he is talking to. Distract the bay area is responding to reopening the area and ktvu Sara Zendehnam reports. Some are not following the lead but some north bay counties are. A lot of businesses are anxious to open backup and it will happen faster in some california countie ....
Not showing any signs of slowing down as daryn mentioned new york is the hot bed right now we have John Lawrence with the very latest. The covid 19 pandemic is growing exponentially we see cases doubling every 3 to 4 days for 4 consecutive days this week the us had its deadliest day of reported deaths due to the virus mrs. They 5 of corn teen in day 5 of widow, good for me. And then were clicking off one day at a time and now the United States is the epicenter of the disease with the most cases in the world youve got to hunker down nail down mitigate mitigate mitigate. Get the people taken care of thats what you got to concentrate on you have to go with the data vaccine trials are underway and the shutdowns and restrictions across the country remain in place to slow the spread of the disease. But no state has seen a decrease in cases which means the us probably has yet to hit t ....
We can stem the tide, but its going to take all of us. Yeah i think th the everybody is saying that the president is still hopeful. That the country can reopen and that hes going to try to relax the social distancing. But if you look at the governors they say now is not the time to let up change snow in fact the viruses. Wrapping up if anything else weve got John Lawrence with the very latest now on both new york and california. The covid 19 pandemic is growing exponentially we see cases doubling every 3 to 4 days for 4 consecutive days this week the us had its deadliest day of reported deaths due to the virus mrs. Day 5 of corn gina day, 5 of widow, good for me. Were clicking off one day at a time and now the United States is the epicenter of the disease with the most cases in e world you got to hunker down nail down mitigate mitigate mitigate. Get the people taken care of tha ....
Quarantine as the virus continues to spread further into europ europe the biggest buyout in europe since 2007 you can see entirely red as this selloff continues from the u. S. To asia and europe this morning. Lets look at the individual markets to see the losses. You can see the ftse 100 down. 4. 25 down in germany the cac down 3. 8 . Italy more than 3 lower lets look at individual sectors to see travel and leisure down almost 5 basic resources. Places like china are selling off. Technology stocks are down more than 4. 5 . In the u. S. , we saw extraordinary circumstances. Closing 4. 4 4. 6 for the nasdaq these were extraordinary times one of the fastest in history. If we look at the volatility across the markets you are seeing the vix five points higher. Coming from wednesday, rising through that period. If we look ahead through that days trading. You can see all three of mothos major markets. The dow jones currently with an expected open down more than 600 points one of the reasons i ....
Talking about what is happening with the coronavirus and appointing Vice President pence. As he was speaking, one of the cases of unknown origin that happened in europe as predicted if you look at the treasury now, you see the 10year is yielding 1. 297 . Not negative yet. President trump speaking about preparations last night. We are very, very ready for this whether it is going to be a break out of larger proportions or whether or not we are at that very low level and we want to keep it that way he has tasked Vice President mike pence he also addressed the market response i think the stock market will recover. The economy is strong, consumers are incredible thats why we are doing well and other countries are not even before the virus our consume rp is very, very strong very powerful economically. And the president put some of the response of the dow to the democratic convect ....