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Familiar. Good morning. To fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after markets jumped 5 yesterday after promises of stimulus from Steven Mnuchin and the president. We had been limit down overnight at one point. U. S. Futures are in theory going to be limit down again before we open today. Dow is down almost 4 , 821 in the premarket, s p is down 92 points, 3. 69 , nasdaq is down almost 4...

The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to...

In fact the first half of today we will see pretty wide spread rain continuing much like yesterday. You can see it happening now, plenty of green and there is a focus down in the south bay. However that is about to start changing soon. Lets come up to the north bay and you see the rain bands returning. You take 101 and it is raining from the top of Sonoma County and raining out to the golden gate bridge. Look at what is coming in to the city right now. A band of yellow and orange and getting int...

Everybody. We have Public Health challenges at that point. I dont think we are in starvation scenario. New developments at seven streaming on cbsn bay area good evening. Santa clara county announced two more deaths from covid 19 in the past 90 minutes. That is for depth total for that county. We just learned a city of Santa Clara Police officer has tested positive and will be in isolation for the next two weeks. A historic shelter in place order will go into effect at midnight tonight. We have c...

To referred them for testing for coronavirus . The one main difference of coronavirus versus the flu and we can go into this. Three main symptoms everyone has been talking about. Fever cough and shortness of breath. With the coronavirus. I tried to say those letters every time im on the news. So you remember what you need to look out for. Shortness of breath does not occur in the common cold. Shortness of breath does not occur in the flu. It is only sometimes present when you have allergies. Let...

Past week. By thursday we were down better than 20 from the february highs. That is definition of a bear market. The dow alone, down 10 on thursday that was the worst day since the 1986 crash and black monday. That left traders unsure how to handle the virus impact and questions abound about how slow the economy will become . Are we in a recession right now right now is a boston group chief officer david monson is here, joining us this weekend with 2 billion in Asset Management and eve got the c...

Quarantine it, will be a pretty strong enforcement of quarantine. The key is you have to have separation. We have to have separation or this thing takes longer to go away. But the real, really important, and i think you can say this for your country, i think we can say it for a lot of countries, for all countries hope fullly it is going a way. We want it to go away with very, very few deaths. You know, we call it cases, how many cases do you have . Relative to other countries we have very few ca...

People. Empty store shelves becoming the norm this morning. Amazon to hire a hundred thousand workers and Major Grocery chains adding jobs as well to keep up with demand as well. More countries closing borders. Things have reversed course and dow industrials showing decline of 96. Nasdaq up 29 but s p is are youer by 12 and a half after dow, nasdaq and s p 500 had biggest oneday point loss in history. It was 13 in a day. 12 and a third percent and the s p gave up 324 points yesterday, 12 , yeah,...

Been banned to further spread the disease. Major sporting events were postponed or canceled. Schools and colleges close their doors, concerts were scratched, even traditional st. Patricks day parade were called off. Thousands were told to work from home. President trump was seen daily on tv holding high level meetings and giving updates on the federal response. His critics blasted him for not doing enough. That on friday, he declared in a National Emergency bringing out more federal money for st...

One Infectious Disease doctor in washington with buckets of nasal flu swaps wanted to test those for covid19 it was told by the federal government no. Doctor helen hsu said screw it and started testing and found positives from patients who had no contact with the wutang clan. Hundreds of doctors, researching clinicians all across the country putting their energy toward solving this horror. But they are having to sidestep the federal government to get anything done. We are a little late but not a...