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Novel coronavirus or covid19 hour by hour as we work to help americans understand the facts about the outbreak, the scope and the risks. At this moment at least 849 cases have been confirmed in 36 states and the district of columbia. At least 27 people have died in the United States, most of them in Washington State. As the illness spreads, live in this nation is changing in multiple ways. More universities across the country including american university, harvard, ohio state, are canceling classes and moving to online instruction. Several airlines have announced deep cuts in domestic and International Flights as people are discouraged from traveling. First lets start with erica hill in new york. Erica . Jake, good afternoon. As you mentioned, these numbers jumping. It seems almost as quickly as we report them, t ....
Street. Much of what you mentioned, those Circuit Breakers being activated after stocks fell too far and too fast in the morning, putting investors on the sidelines, waiting 15 minutes to begin trading again. We saw Oil Prices Plunge the most since 1991, thats when the gulf war was in full force. Thats as saudi arabia flooded the market was oil despite waning demand. And where we saw another red warning sign flash in the bond market. Were seeing yields at record lows. Thats because investors are expecting a potential global recession because of the coronavirus. So weve got all of this piling on as those worries and those fears and no one really knows whats going to happen with the coronavirus as far as the economy and businesses know. All of that fear weighing on wall street, jake. Alison kosik, a very, very bad day on wall street. Lets bring in auston goolsbee. Also wit ....
The test on a person. Im sure as the president would inform you, in order to do the test, a Health Care Provider needs to dress in full personal protective equipment, full personal protective equipment, and theres a swab that is put in the back of the nose all the way to the back of the throat, its called a nasal pharyngeal swab. It gets put in media. The next person who gets tested, the Health Care Provider has to change all the personal protective equipment. The person is likely to cough or sneeze which puts them at risk. Were enabling high throughput of this swabbing. Were doing some technological things too that may be breakthroughs to make it much faster. But we certainly that from thousands of People Per Day we will be at the tens of thousands of Peopl ....