That decline we saw yesterday. U. S. Equity futures are bouncing back a little bit. S p futures indicated up if you are looking at the treasury yield the 10year looks to be yielding 39 the twoyear down at 4. 4 . The 10year, if you are trying to behalf full, that is something you point to we are down watching the close for some type of stability, it went down 2,200 or 2,100 even if it rebounded yesterday, you were hoping for a strong close. Fridays, theyve been okay. You would think maybe there would be a selloff the past two fridays thus far not been that way. Well see if things are different. We are talking a lot off camera and on camera all the closings you were talking about. That was unbelievable yesterday. I was watching a big east game i was losing and they canceled the game at half time. They canceled march madness. You saw everything, broadway and everything i was worried about the c word yesterday a crash yes that c word. I dont even like talking about 1987 that is pretty clos
Oliver in new york. Reporter america is shutting down as cancelations multiply across a wide swath of life. Professional hockey, soccer, and baseball stopped operations, joining the nba which suspended its season after a player was confirmed to have the virus. Cruise lines, princess and viking, are canceling upcoming sailings. Broadway is going dark through midapril, and disneyland parks in california will close for the month. Hundreds of thousands of students are out of school, and more soon will be. All Public Schools in the state of maryland and ohio will shut down next week. Its even a new world getting groceries. This is the line outside a costco near los angeles. Dr. Anthony fauci of the nih says were even failing to get people properly tested. The idea of anybody getting it easily the way people in other countries are doing it, were not set up for that. Do i think we should be . Yes. But were not. Reporter so far only 11,000 tests have been done in this country, while south kore
But traffic is backed up as you drive from university avenue. This will take a little while to unwind. The other rest of the commute here. You can get rid of the banner so you can see. The rest of the commute looks all right. Its early. Theres not a lot of people coming to the bay bridge. Interstate 880, that traffic is moving along nicely. As we look at the east bay except for what i just told you in berkeley we have a nice looking commute all the way down into the south bay. The number of bay area coronavirus cases keeps going up. Santa clara county now reports 66 confirmed cases. Thats up 18 from yesterday. Santa clara county has the most in california. San francisco reported four more cases. Alameda county also reports four more cases and statewide four people have died. More Bay Area School districts are cancelling classes trying to protect students and staff from the coronavirus. The west Contra Costa County School District will close for three weeks beginning monday. Berkeley al
Below. Sal, i sat down yesterday to watch a little sports and realized there wasnt any. You know, i did the same. Sometimes you kind of do it by habit. There isnt anything there. Well see what we do, steve. Lets go to the east bay. Westbound highway 4 off to a decent start. Concord, 680, to carquinez bridge. Both looking good. No problems on the san mateo bridge. Does look like westbound 82 by the toll plaza theyre clearing up an accident. The number of bay area coronavirus cases keeps going up. Santa clara county now reports 66 confirmed cases. Thats up 18 from yesterday. Santa clara county has the most in california. San francisco reported four more cases. Alameda county also reported four more cases and statewide four people have died. More Bay Area School districts are cancelling classes. West Contra Costa County School District will close three weeks starting monday. Berkeley also announced a closure starting next week. In marin county, tamalhies School District is closed. Startin
Federal reserve vice chairman speaking in washington to the National Association for business economics, saying that the fed is close log monitoring the coronavirus. So maybe a slightly different tone than last week. He said it will be a noticeable impact on china in the First Quarter, and that could spill over to the rest of the global economy. Too soon to speculation on the size or persistence of those global effects the probability of rate cuts reaching alltime highs for the individual contracts, april, a first duty now at 63 , it is probability of a second customer, and now over to 50 for a third cut in december for the first time, so the majority of position in the mart right for you, sara, going along with a huge decline in the tenyear to alltime lows and the downdraft in the stock market is now for there to be three rate cuts this year from the federal reserve. I know we parse every word from every fed official. Is the bottom line here that the fed is maybe storming to warm to t