Sharp selloff by friday. Look at the week that was with dow industrials down 4,000 points on the session. Thats 17 on the week. The nasdaq was down 995 points, 12 and a half percent lower and s p down 406 points, 15 lower on the week. President trump deploying the National Guard to new york, california and Washington State to fight what he calls the invisible enemy as more people are told they must stay home in the heavilyhit states. More companies stepping in the fight the war against coronavirus, meanwhile, they are working with the white house to manufacture mustneeded supplies and medical equipment. Plus more businesses forced to shut down as tighter rules go into place. St. Louis Federal Reserve president warning that Unemployment Rate could soar to 30 . Mornings with maria is live right now. Maria lets check Global Markets with ftse 100 in london 236 points, european indices red across the board. Cac quarante down 150 points and dax index down 243 down. In germany Angela Merkel i
Those put out of work because of the virus and make direct cash payments. The deal was in the work on tuesday ands caused a celebration with the dow having its biggest oneday point gain in history. It appears investors have become a little more optimistic after stocks took a tremendous battery. On tuesday President Trump toogave the first indication of when he wants to see the pullback in the nationwide restrictions we are seeing. He told a town hall that he liked to have the country up by easter, april 12 but thats a much earlier timeline than many experts believe will be required to keep the virus under control. The first shockwaves we saw on thursday when they reported weekly unemployment claims that soared to over 3 million. The most since records have been capped and almost five times higher during the financial crisis. How much has the coronavirus already hurt the economy . How much more damage might be done . And more importantly how long can the country remain at a standstill b
Those put out of work because of the virus and make direct cash payments. The deal was in the work on tuesday ands caused a celebration with the dow having its biggest oneday point gain in history. It appears investors have become a little more optimistic after stocks took a tremendous battery. On tuesday President Trump toogave the first indication of when he wants to see the pullback in the nationwide restrictions we are seeing. He told a town hall that he liked to have the country up by easter, april 12 but thats a much earlier timeline than many experts believe will be required to keep the virus under control. The first shockwaves we saw on thursday when they reported weekly unemployment claims that soared to over 3 million. The most since records have been capped and almost five times higher during the financial crisis. How much has the coronavirus already hurt the economy . How much more damage might be done . And more importantly how long can the country remain at a standstill b
Thank you all for being here today. m going to go out of order, thank you, mr. Chairman, for holding this important hearing. I first want to get on the record and thank our subject matter experts. Experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the coronavirus. I regret that in minutes i have another meeting that pertains to this important topic. I just want to publicly express my intention to submit for the record some important questions i have for you related to the increasingly integrated supply chains that we now have between various enterprises and i guess this is this situation will create certain vulnerabilities uring times of what is now a pandemic. I have some questions related to supply Chain Mapping that im hoping someone will be prepared to answer and lastly, our reliance on foreignma
Thank you all for being here today. m going to go out of order, senator young has a related hearing to be at, i want to be sure hes able to be on the record before we begin. Senator young i first want to get on the record and thank our subblingt matter experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the coronavirus. I regret that in minutes i have another meeting that pertains to this important topic. I just want to publicly express my intention to submit for the record some important questions i have for you related to the increasingly integrated supply chains that we now have between various enterprises and i guess this is this situation will create certain vulnerabilities uring times of what is now a pandemic. I have some questions related to supply Chain Mapping that im hoping someone will be