Good afternoon we begin this hour of power lunch lunch with continuing breaking news President Trump, as you surely know by now, testing positive for the coronavirus confirming via tweet late last night, early this morning that he will begin quarantining with the first lady who also tested positive the market is lower right now but off the worst levels of the day and you can see dow futures immediately sunk early this morning after President Trump tweeted. We have paired back those losselosses quite substantially at this time lets get straight over to shepherd smith new developments this afternoon since we learned that after midnight the president and first lady have tested positive. Were told both have mild symptoms and are in quarantine at this moment at the white house. The Reelection Campaign announcing minutes ago that all of the president s Campaign Events are being moved to virtual or postponed we learned last night that the president s close adviser hope hicks tested positive f
They missed estimates by a wide margin the expectation was for over 800,000. And tech stocks are broadly underperforming to day, unwinding yesterdays gains. Amazon, apple, facebook, and microsoft all heading lower. 59 minutes after the session and were down 2 for those names. Power play. Pete . 5 for the s p 500 lets get to the president s diagnosis and impact it could have on a broad range of issues. Were looking at the potential impact on stimulus talks meg has the details on testing at the white house mike santoli tracking what it means for the market lets begin with what we know surrounding the president at this hour. Yeah. What we know is this diagnosis is now upended the president ial campaign a month out from election day the president s Campaign Team put out a statement earlier today saying that all previously scheduled events that involved the president of the United States have now been canceled. What theyre saying is that theyre going to maybe temporarily postpone some of th
Latest developments and has that story. Friday white house staff aged in Contact Tracing to track down how the president and first lady became infected. And who they may have infected. To the staff saying that the mitigation plan was in place prior to the positive test result. Because the broader question even with a lot of the mitigating factors what you have is a virus that is contagious that certainly continues to be regardless of what protocol we have that and has the ability to impact everybody. Late thursday night he took to twitter saying tonight we tested positive for the coronavirus. We will begin our Recovery Process immediately. We will get through this together. They are now quarantining at the white house the commander inchiefs doctors say that they are well and that this will not impact his president ial duties. His positive test comes hours after senior aide and confidant hope hicks tested positive for the coronavirus. The president defended her choice to go without wear
Here on kron 4 news at 9 im justine waltman im Jonathan Mccall those fires are the boysen fire as well as. As well as the last fire and also the shady far those 3 fires now burning areas near napa in the Sonoma County line. The biggest fire though that we have been following for you all day long as the glass fire which started this morning. This blaze. So far has scorched more than 2500 acres and is that 0 containment. This fire is burning east of saint helena and calistoga in napa county. So there are believed to be these 2 new spot fires that have popped up since the glass fire started at around 4 oclock this morning that are now burning near the napa Sonoma County line this time lapse video shows us just in the past hour how fast. They have spread how quickly they have erupted. Now according to state senator mike mcguire cal fire and local firefighters diverting resources from the glass fire so they can now contain all of the new blazes that have popped up again thats the shady fire
Cocktail made by regeneron lets get to meg tirrell with the details. Reporter we just got confirmation from regeneron itself as well that they provided this experimental drug to the white house at the request of the president s physician on whats known as compassionate use. That is a way to access experimental drugs outside of Clinical Trials. Now this is the drug that we just saw the first data on, i believe on tuesday afternoon i think i said it was last week, but thats because time is of no normal consequence right now so it was just earlier this week that we saw the initial data from Clinical Trials on this antibody cocktail from regeneron for covid19 it was 275 patients and it was promising data but very early. It showed in patients who have covid19 but are not yet hospitalized with more mild to moderate disease, that the drug reduced levels of the virus and also helped improve symptoms they said it showed positive trends in potentially avoiding the need to go to the hospital they