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Top of strong rally yesterday. The dow industrials having biggest oneday point gain ever, 11 and a third percent. S p up 9 , 209 points higher yesterday. President trump says he wants the country opened up and raring to go by easter. The white house quarantine for those People Living new york which has more than half of all cases in the United States right now. The private sector stepping up against its fight. 3m chairman and ceo with teaming up with ford and General Electric to make respirators and ventilators. India on lockdown. 1. 3 billion people ordered to stay home. Mornings with maria live right now. We want to check Global Markets this morning. In Europe Senate agreement of stimulus plan leading to green ....
They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to you ....
Now. Maria we want to check Global Markets this morning, european indices all over the place this morning following the u. S. Central Bank Stimulus package. London shut down, some of the mass transit lines in an effort to contain virus. Ftse 100 is down 12 points right now. Dax index in germany right now up 21. In asia overnight it was red across the board. Take a look. Korea getting hard hit down better than 8 overnight in korea hitting levels not seen since 2009 even as coronavirus cases are dropping in korea. As you see the other majors are also weaker. Lets check the oil markets now. Seeing a rebound this morning after 18year low. As you see oil prices bouncing 250 a barrel at 22. 87 a barrel. Yield on the 10year treasury hovering above 1 . Yields are bouncing once again 1. 92 on 10year. Investors certainly gearing up for another wild day this morning in terms of volatilit ....
Are watching this morning, snow already falling in parts of carolinas and georgia, up to 6inches could blanket southern part of virginia region and eastern North Carolina, drivers are being warned about extremely dangerous Road Conditions this morning. Onto coronavirus this morning, the number of cases appear to be falling as death toll is now topping 2,020, 2200. The passengers quarantine have tested positive for coronavirus. New infections in china have fallen this week but new cases are being counted and they have a new way of counting the cases, the virus claiming 2,248 lives with at least 76,000 individual cases confirmed across the world. 27 countries affected by the deadly path of coronavirus. 11 americans meanwhile cruise ship tested positive, i will be speaking with two passengers, one of whom is infected. Maria roger stone learns fate, roger stone sentenced to 40 m ....
Valuable tips to stay healthy. Treatments that we know right now if youre planning to travel in and out of the United States. Director of nih said vaccine could be coming within 3 months. Microsoft warning it will miss revenue guide and deadly shooting at a milwaukee facility. We have the latest this morning, plus how you could own the Million Dollar picasso for 100. Mornings with maria begins right now. Maria some of the stories that we are watching this morning a california resident tested positive for coronavirus and could be the first case if its Community Spread in the United States, it means that the doctors do not know how the patient contracted the virus. At this time theres, quote, no relevant travel history or another known patient. Cdc is adding in a stat ....