Definitely driving that, the market has been worried all week that we will see these bikes and companies will start closing things again like we seen with apple and it will delay the economic recovery in this country. As you mentioned in texas, phase three on pause closing the bars today, restaurant occupancy going down from 75 to 50 , florida is in phase two and the governor is saying i dont know when we will go to phase three, we have to get phase two working. He said there will be no Alcohol Service in the bars, food only. The Coronavirus Task force briefing is very interesting, they stress hospitalization and the rates going up but hospitalization only 5 of cases whereas it was 15 in the beginning. The market for the week, the nasdaq wiped out the gains because of todays selloff, you can see where we stand there, the nasdaq is down 1. 9 for the week, the dow down more than 3 and s p 500 down 3 as well. Finally lets take a look at shares of facebook, Mark Zuckerberg announced he wil
Were live from sonic automotive, one the nations biggest auto retailers. Well look through political lens of local business as we look through the hour. Any minute we have new comments to play back for you from President Trump. He haas been speaking to reporters outside the white house, joined by the hhs second alex azar. Also Anthony Fauci after they tour ad medical facility toured a facility from maryland as the coronavirus outbreak spreads throughout the country. We have the first confirmed case here in the state of North Carolina. Well bring all the president s comments as soon as we have them. That could be any minute. Coverage of big stories, blake burman at the white house, Kristina Partsinevelos on markets on the floor of the new york stock exchange, robert gray in california. Kristina, first to you. Kristina what a day. We talk about volatility. Start with the futures market. Then when the fed rate cut came we saw a huge increase and a selloff. We ended the dow about 788 point
Our panel tonight, capri caforio, steve moore, carol roth and jonathan hoenig. Well have the latest on ground from the key locations, were moments away from brandnew voter analysis, first read on how voters are responding to issues that matter most. But first we go to Connell Mcshane in North Carolina. The state is up for grabs with sanders and biden and bloomberg garnering support, what is the read from where you stand . Connell people dont know, i tell you joe biden had a huge night in South Carolina saturday night, in North Carolina, membership of the voters here, have voted early, how they make their decision visavis biden performance and how much momentum he carries to this state remains to be soon. Really people are wondering whether this shapes as a oneonone race today between Bernie Sanders and former Vice President. One of the things we will watch, in terms of wild cards that could play into that. Further Mike Bloomberg he is on ballot for the first time is a major factor well