Record highs that has the nasdaq setting a record as well better than expected home sales in the u. S strong activity numbers out of europe as well uk, australia to name but a few. Were up, sarah, nearly 1 on the s p 500. Ahead on todays show, a big first on cnbc interview with howard marks fresh off his latest memo. He said the odds are not in investors favor and whether he sees any opportunities right now in the market plushgs connecticut has certainly seen an encouraging dropoff in coronavirus numbers of late. Well ask governor lamont about his advice for states like florida, arizona and texas that are seeing their cases swell and how hes trying to keep those cases out of his state lets focus in on the big stories were watching mike santoli tracking todays rally. Meg terrell has the highlights from Anthony Faucis congressional testimony and phil lebeau is covering another volatile session with the Airlines Start us off with the Broader Market on the three month anniversary of the ma
Infections. The United States tops the global charts in both cases and deaths which will soon number 200,000 american lives lost. The nations top Infectious Disease expert, dr. Anthony fauci, says it is possible to avoid what he calls a fall double whammy. That is good news. This though more worrisome. The u. S. Added 44,000 plus new cases yesterday on thursday, and the sevenday average of new cases is creeping back up. Yet the president says we have rounded are the final corner. New reporting today proves sadly it isnt just the president s words that put politics over the coronavirus reality. Politics, not science, we are told, was behind changes to critical cdc guidelines about who should get tested. A source telling cnns dr. Sgupta the guidelines posted last month came from political officials inside the department of health and human services, not cdc scientists. The recommendations also did not go through the normal review process which includes cdc scientists and factcheckers. Th
Me. I want to take us quickly to the governor of new york holding a press conference right now following the announcement of new restrictions, really in coordination between new york, connecticut and new jersey with regard to banning gatherings of 50 people or more, and there should could be much more. Lets listen in. One set for the entire state and it should be one set of rules for the entire nation. And that is the role of the federal government and national leadership. And it is lacking. The federal government should put one position in place and coordinate it with the states. If the federal government isnt going to do what it should do, then the states have to try their best, right . And the best way is for me not only to have a uniform policy within the state of new york, but to the extent you can, cooperate with surrounding states so you all have a common set of practices, right . I dont want to close down bars in new york but connecticut leaves the bars open. Why . Because then
This morning, the u. S. Is inching closer to a coronavirus shutdown, as state and local officials take the lead in responding to the national crisis. 7 million residents in the San Francisco bay area have been ordered to shelter in place. Only allowed to leave their homes for essential reasons. Its the nations strictest measures so far, seen only in places like italy, france, and spain, where the virus has exploded. The states of new york, new jersey, and connecticut have also launched an unprecedented, joint effort to close all gyms, movie theaters, casinos, bars, and restaurants, with the exception of takeout. Businesses offering nonessential services will be shut down by 8 00 p. M. Grocery stores, pharmacies, and gas stations excluded. Citing a failure at the federal level, new York Governor Andrew Cuomo says it is incumbent on states to step up. The federal government should put one position in place and coordinate it with the states. We have set a template where our regional state
President trump is now flipping the scripting, going on the attack. Hes blaming the democrats and pelosi for the shutdown, leaving us still at square one. And as politicians play the blame game, real people are feeling the impacts caught in the middle of this mess. 800,000 federal workers, most of them still not getting paid, many still working. They are struggling to pay the bills and feed their families. Lets check in with cnns reporter sarah westwood. The president offered more protection for immigrants in his announcement in exchange for the border wall, but democrats said this is essentially dead on arrival. Now what . Reporter we expect Senate Republicans to start moving forward on this bill as soon as tuesday, but right now the bill doesnt have a real path forward because democrats do still remain dug in on their refusal to negotiate on any kind of deal while the government is still partially shuttered. Under trumps deal which he characterized yesterday as an attempt to break th