Up with this. Were considering full disclosure, a little preview, the notion of a curfew. Reporter Nothing Official has been announced yesterday, Marin County Public Health director told kristen sze hes not surprised. Were aware this is on the table. Its something thats more co common back east in massachusetts, virginia. Reporter massachusetts statewide curfew requires residents stay home between 10 00 p. M. And 5 00 a. M. Daily unless going to work and most businesses, restaurants and bars must close by 9 30. George rutherford imagines thats what newsom is consideri considering. Its a lockdown less detrimental to business because they can be open some parts of the day. Reporter the point rutherford says is to limit late night socializing where alcohol is often involved and people might let guards down. Countries and cities in europe have tried it. In europe its closing bars. Its a big push. The closing between 10 00 p. M. And 5 00 a. M. Where i live in Alameda County, i dont see a lo
That converted the selloff into a rally. Then came news that European Manufacturing is recovering rapidly from the virus lockdown. That helped the market. Look at it go. The dow is going to be up close to 300 points at the open. The s p, 31. The nasdaq, very solid gain, 70 points. Now, heres another reason for the rally. Big tech, it continues its run. You are looking at premarket prices for apple, microsoft, facebook and netflix, amongst others, all four hit record highs monday. The big tech surge dominates the market. Big tech is pushing higher. Investors this morning ignoring scenes like this. Chaos in d. C. Last night. Right outside the white house, demonstrators vandalized a church, they tried to pull down the statue of Andrew Jackson and they also tried to establish their own seattlelike autonomous zone. This is happening in our Nations Capital right in the center of government. The president s had something to say about this. He obviously doesnt like it. But no word yet from joe
In the newsroom, Edward Lawrence is in washington and Ashley Webster is there as well. Well start with blake, who has the latest from the administration on china. Blake. Reporter melissa, connell, youre right. Just a little bit of cleanup from the white house last night after Peter Navarro made some comments suggesting that maybe the trade deal with china was off as navarro said at one point, its over. That forced the president to take to twitter to say, no, the deal with china is fully intact and larry kudlow in speaking with Stuart Varney earlier this morning said that the deal is being implemented just like they want. Ive been to several meet national the oval with bob and Steve Mnuchin and the president and others. You know that has been our view. They have actually picked up their game. It is not just commodity buying although that is picking up too. Some of the structural issues like i. P. Theft. Reporter got some live video now. I believe what youre looking at President Trump in
Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
I said, who is that guy . He is the governor of iowa. He said dont say anything bad about china. I had to rip up half of my speech. He said we do a lot of business. Ive been dealing with china for 35 years with corn and all of the different things. He told me a story that was amazing. He said 35 years ago, when i. Tarted, i met a man named xi he was not president. He was a young man. The governor came back and told met the, he said i just future president of china. Nobody thought much about it. You know what . 28 years later, he turned out to be right. You have been an incredible ambassador. They like each other so much. When it came time to picking the important position of ambassador, i said havent you had enough after 24 years being governor of iowa . He said if you want me to do that. He has been a great help. I appreciate it. Thank you very much. [applause] pres. Trump nobody could have done that job better. Upsidei could go on the on the opposite side of the spectrum from the gov