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Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. A...

Earlier, it was down 12 . As the deadly pandemic expands to every state in the nation now and the president shuts the northern border with canada, the death toll has ticked up to 97 in the United States. Let us start looking through a whole bunch of different sectors here. How low will oil go. The rout at this hour in the aftermarket is pretty brutal. We are down 19. 2 and we do have it at 21. 78 a barrel. It settled lower than that at 20. 37 per barrel just a half hour ago. Crude has lost 56 ov...

This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed i...

Treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview it was a call as well with secretary mnuchin what stood out to you . That you shouldnt lay people off. I want to point out i got a correction, he said on Small Business payroll, two weeks, he meant two months two months means you do not lay people off without, i think im not saying its irresponsible but everything is being done to keep businesses open Small Businesses open. David, with the fed, i t...

Crude at 22 a barrel. Guy some of the crude stocks in europe are trading a bit higher. Of the stocks in terms Sector Performance today actually doing a little bit better, but european stocks are down. We are down your session lows, approaching 4 . We are waiting to find out what happens in the senate a little bit later. That big bazooka a little bit of ther on ahead german fiscal story. Theyre going to be turning on the taps over in berlin. Still, maybe more need to be done on a european basis. ...

We know they are being organized you can see them right there right behind me social distance, these are the people who are showing up before it takes begins at 9 oclock this morning. But theyve heard about the testing and thats why they showed up here even before the sun came up and the Hayward Police department, the Fire Department theyre fully aware that so many people will show up which is why they have the barriers in place they have the Fire Department Police Officers directing traffic, th...

And starting saturday march 28 Weekend Service will be cut as well instead of opening at 6 will open at 8 instead of closing it not at midnight the close at 9 this will be the same as well for sunday, all riders must be in the system by a 45 to have a guaranteed ride to their destination part officials are unable to say how long this new schedule is going to be in effect because its really just a day by day thing were were working through here with the coronavirus outbreak learning about more ca...

And global names are all taking it on the chin. The market itself is down close to 40 from highs reached a little more than a month ago. And this is feeding on itself. Now, the excuse de jure seems to be the fact that the senate could not cobble together a rescue package late last night. 2 trilliondollar package, democrats say was tilted too much towards businesses. Now theyre scrambling again to come up with something that might be more mutually acceptable. Questions whether it is too little to...

Rally, talk about a turnaround. South korea, hong kong, japan investors moving away from haven place. Remember, china had been quite an out performer. The hang seng currently up 3 . We are hearing chinese buyers are buying up those stocks in hong kong. Lets look at where futures are setting up. We see futures pointing to a higher open. It has been a volatile right. Ride. Futures volatile equity futures down about 1 despite jumps in the s p 500 and the dow. Aide, saying that the deal may not be u...

The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to...