Response coordinator joins us live. Why she says millennials are key to stopping the spread. Wall street meltdown, the dow plunging 3,000 points, its biggest oneday point loss ever, the Airline Industry seeking a 53 billion bail out as the president acknowledges we may be sliding into a recession. And what you need to know this morning about all those empty grocery shelves. Glimmer of hope. An experimental drug showing some promise. The coronavirus patient telling gma how it helped him turn the corner. Bar and Restaurant Owners in nashville fighting orders from the city to close their doors, and Police Respond to a kentucky man positive for covid19 who refused to selfquarantine. And banding together. The superstars giving the gift of music to millions. Performances from john legend, pink, Coldplays Chris Martin youre a sky full of stars and keith urban Live Streaming right into the living room. Actually, were going to say top of the morning to you. Happy st. Patricks day, banding toget
The dow down 879. Combine with more than a thousand point loss of yesterday, it is drop of over 1900, this steepest two day drop of dow has seen in history. This is significant, also remember, dow less than 500 points from correction territory that is down about 10 from the highs, we saw a big flight to safety today, continued one, which is also a red flag, yield on 1 10year note a little bit higher than 1. 3 , also hitting record lows, now latest coronavirus numbers is what is spooking the market. In china more than 77,000 cases, in italy 322 in iran 95. And that spread outside that took investors off guard. This selling all on the back of more concerns that you could see the spread come to the United States today cdc warning it is not a matter of if, but when the virus hits the states, and how many people will contract a severe illness. You had hhs secretary weighing in on that. There is now Community Transmission in a number of countries including outside of asia. That is concerning
Straight to the gm plant in detroit. Where do negotiations stand now . Reporter david theyre happening behind closed doors a few miles away from here in downtown detroit and were not hearing much from them. Perhaps that bodes well for gm stock it was down about 4 at the closing bell yesterday today back up about 3 . The strike now, seven hours from entering day three, picketers are right now making a strike salary of just 250 a week, they admit they cant keep this up forever, but they are trusting Union Leaders to negotiate a deal in their best interest. I dont know about everybody else, but i rely on my healthcare, and i need it. For people to think that were overpaid, it only takes one person whose actually worked on the Assembly Line to understand where were coming from, so i am very passionate about what were fighting for and i believe in my union and i believe in our leaders they will do the right things. Reporter so how long can General Motors keep this up thats another important
Early today starts right now. Good wednesday morning to you. Im frances rivera. We start with breaking news in london, a massive fire has completely destroyed an apartment complex in west london. Police have confirmed six fatalities but the number is expected to rise. About 200 firefighters are on scene battling the blaze that raged on through the night. The fire was reported around 1 00 a. M. Local time. Crews tried to evacuate the 27story building. Residents say many may have been trapped inside. People were still sleeping on the highest floors so they didnt know what was going on. Im not sure if half of them got out, to be honest with you. There was kids out the window, flashing their phone lights for help. Nbcs bill neely is near the scene. Bill, whats the latest . Reporter good morning, frances. Its pretty clear this is a catastrophic tragedy with multiple casualties. Within the last hour londons police saying the death toll so far stands at six. But right now, and you can see the
Good wednesday morning to you. Im frances rivera. We begin with breaking news in london. A massive fire has completely destroyed a high rise apartment complex in london, sparking fears the building could collapse. Officials say there are fatalities but could not confirm how many. The fire was reported around 1 00 a. M. Local time. Crews try to evacuate the 24story building but residents say many may have been trapped inside. People were still sleeping on the highest floors so they didnt know what was going on. Im not sure if half of them got out, to be honest with you. There was kids out the window, flashing their phones for help. Nbcs bill neely is near the scene. Bring us up to date on the latest. Reporter good morning. Im looking at the building now and it is still smoking eight hours after this fire started. As you say it was just about 1 00 in the morning and it started in the lower floors but it spread very, very rapidly. People talking about people upstairs waving flashlights fr