Significant rally, up eight at the opening bell, a gain of 55, urging the fed to cut rates. We wait to see when the fed is. Some money coming out of treasuries. I want to see it but cant, dont have it but it is up from the historic low of one. 03 , it is one. 12 as we speak. Politics. A mad scramble by the democrats to support joe biden and beat back the bernie challenge. Amy klobuchar and Pete Buttigieg throw their support to biden, beto reappears to back him up. This is desperation time. Today bernie is expected to win the california and texas primaries, all hands on deck for the moderates, they are panicked at the thought of the bernie nomination but there is still bloomberg. He says even if he doesnt do well today he is not bowing out. Democrats are locked in a 3way battle, totally split, at war with themselves. Just wait till you see joes latest gaffes, that is plural. Varney and company is about to begin. Tomorrow is super tuesday. I was waiting for a black man to pick me up and take me a total of 147 miles south to washington dc to be sworn in as president and Vice President of the United States of america. We hold these truths to be selfevident, men and women are created by you know the thing. Thank you very much. It is chris. I just did chris. I just did chuck. Stuart that is super tuesday, that is today and the candidate we are watching, flocking behind joe biden, a lot more on that in a minute. We have developments here. What is going on . New york city . A high school in new york city has been closed, a suspected case of coronavirus. This is testing the headlines, reuters reporting this. We will hear more in the ensuing minutes. The second case, confirmed case in the new york city area in Westchester County, a man in his 50s has contracted this virus, the second case confirmed in the new york area but new York City High School closed, a suspected case, we will stay on top of that. Stuart i have been saying for days that the hotspot which is exporting the viruses iran and i think we have news on how many new cases. We are looking at 2336 cases of the new coronavirus, 77 dead so far in the country. In the us, closer to home mike pence in that press conference talking about 43 cases in the us increasing beautiful by four, now up to six and 29 of those cases in the us and california and washington but you heard in that press conference with donald trump he wants a vaccine in a few months. Doctor Anthony Fauci said it would take a year in clinical trials. Stuart the number of new cases in america will explode because we will be testing people when this new test comes along very soon. That is going to happen and we should take a warning from that. Lets get to your money, serious topic of conversation. The markets looking for clarity from the g7 Conference Call, they didnt get it. Didnt get a promise of action at any moment, they didnt get the action today. Hard to figure out how an Interest Rate cut consolidate virus. Stuart it would be symbolic. Of the world is demanding more money the central bank sought to provide it, real true liquidity. But if you lower Interest Rate and get a pop in the market that is temporary but the virus spreads and is worse than anybody thinks like the spanish flu the market, it will not help the markets in the long run. The flu and the politics are affecting markets. Stuart so what we can expect, rate cuts plus pumping money into the economy is from europe, north america and china. That is what we can look forward to. Hard to know whether they are going to wait until the meeting on march 18th or not but when they do cut i bet they go to her 3 rate cuts at the same time, 50 to 75 basis points because if they drip it out everyone will wait until the next one. They have to do it all at once, get it over with and say there you go. Stuart the dow is responding to clarity in the future, we are up 150. The dow is responding to better news politically, scared of bernie, responding to the fed and china was first to get the coronavirus. Weve seen it turn the corner, recoveries are growing every day and that means the rest of the world the 6 to 8 weeks behind. Stuart the dow is up 140. A lot more for you in a moment. Ive got to get back to the democrats and super tuesday. Amy klobuchar and Pete Buttigieg dropped out of the 2020 race, theyve given their support to joe biden. I will call him the gaffe machine because that is what he is. Joining us, the wall street journals james freeman. I see this as an absolute panic, flight to joe biden. You see the democratic establishment wanting to keep the party from leaping off the socialist clip with Bernie Sanders but it is not just the establishment. We saw in polls for the last few years there are a lot of democratic voters who do not want a marxist revolution. You have seen it over and over and thats part of the message of South Carolina, yes it was a rebound for joe biden, a comeback of sorts but i think also a strong message after bernie racked up a number of impressive wins that a large part of the Democratic Party does not want socialism. Stuart they were tearing joe biden down that he couldnt win, makes all these gaffes and now they are flooding to joe biden. It should help. Former rivals, baidoa, you have bloomberg appearing on ballots for the first time today so you have an alternative, two options if you are not a sanders backer but i dont think people should necessarily panic and say it is over if bernie has a big night. You still have the relatively moderate vote split between biden and bloomberg and a lot of early voting so that biden momentum is not necessarily captured in the headline results. What is interesting is if we get a look at people who vote today where they are going. Stuart 2 billion people have voted in california. Bernie looking very strong, hard to see how even the late surge from biden prevents bernie from winning california but it is a question of delegates and movement and if there is a clear alternative probably biden but maybe bloomberg after today they can still deny sanders, blowing up one of americas two great the local parties. Stuart having fun . It would be more fun if we can roll out marxism and have a debate. Stuart update on what is happening in new york city. Ashley two schools. An Interesting Development if you like, the first is a high school in the bronx, riverdale high school, a modern Orthodox Jewish private school and a day school in mamaroneck, new york, a jewish private in Westchester County, one of the suburbs. The tying is there both Orthodox Jewish private schools. Stuart that is quite a development. No impact on the market and not suggesting there should be but there is no impact on the market. Lets go to tennessee where a tornado ripped through nashville. Grady trimble is there, show us what it is like. Stuart the damage is pretty bad, tens of thousands of Power Outages across the area. Power lines strewn across parking lots. This is a uhaul building and it is decimated and if you look at the background you can see a uhaul truck toppled to it side when the tornadoes moved through here overnight, thousands of people without power, lots of buildings damaged, dozens of them, at least 9 people have died here. I also want to show you this to show how extreme this damage was, this power pole, this utility paul snapped at the base and fell, landed on this uhaul truck and shattered the window, busted up the truck quite badly. This Vantage Point gives you a view how close we are to downtown nashville, you see the highrises in the background, a lot of people were in those highrises and they took video of the tornado moving through this area and you could see when the lightning hit and it lit up the night sky, pretty extreme damage this morning, nine people died in the sun has only been up for a couple hours so people are just assessing the damage and i want to mention it is supertuesday, people are having trouble getting to polling places in some of the polling places have damage so they are trying to figure out where those people can go so they can vote on this primary day. Stuart we will be back later. Lukewarm forecast from target, their online growth slows down the stock is holding up, 110 a share on target. Better profits, better sales, they expect weakening profit margins. The stock is up 5 . Ali baba is warning customers, alley express customers, that is a bit like prime or something. They are warning those customers they may face delivery delays because of the coronavirus but stocks are virtually unchanged. Check futures, overall going up a little bit more after yesterdays huge rally, the dow is up 1294 points, a bit more at the opening bell. Disney world getting new attraction, mickey mouse, it is the first for disney. Donald from rally voters ahead of super dues day, and a live report next. Mister president , we are going to kick their [bleep] in november. Great guy. I wanted more from my copd medicine thats why ive got the power of 1, 2, 3 medicines with trelegy. The only fdaapproved oncedaily 3in1 copd treatment. Trelegy the power of 1,2,3 trelegy 1,2,3 trelegy man with trelegy and the power of 1, 2, 3, im breathing better. Trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. Trelegy wont replace a rescue inhaler for sudden breathing problems. Trelegy is not for asthma. 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Ill pass. 8 months from now we are going to defeat the radical socialists and you hear about enthusiasm for crazy bernie and he does have some enthusiasm but much less than we havent a Smaller Group of people too. There is not a lot of enthusiasm for biden. I thought he gave up the presidency the other day because he is running for the senate and superthursday, hes looking forward to superthursday. Stuart the president holding that rally in north carolina. Lets go to oklahoma where fox and friends correspondent todd pyro is. Have you found any democrats . I am not going to lie to you, the folks at synapse diner in reno, oklahoma, not a lot of democrats we have spoken to. You can count the number like this. Havent spoken to one. Despite that, who they thought was going to win out of the Democratic Party and what was interesting, you heard Michael Bloomberg with this push, with which oklahoma, all of the money into these states. What is interesting, it resonated with people. A few people they spoke to said they thought bloomberg was going to win, it seemed like it was going to be a biden bernie battle. Take another step back, the minimal polling we have seen, not very high up. In a state below, texas, really crushing it. Which they do in oklahoma, tonight will determine what ultimately matters and the voters, not in a democrat primary, he is buying votes with other peoples money like bloomberg who is buying with his own. Stuart you same biden . Oklahoma is conservative. He will get it because of that. Reporter a tweet the president tweeted out a few moments ago talking due to the importance of oil, fracking in oklahoma Michael Bloomberg will fail miserably. He will fail because he doesnt understand farming, certainly doesnt understand oil and for him to say they will take away oklahomas right in texass right and benefits of oil, not going to happen. Reporter he was in the oil business, you have an important idea important it is in oklahoma. Stuart i like that soundbite, that will live forever on this program. Reporter i will tell him. Stuart bloomberg is predicting a contested convention. Listen to this. The most likely scenario is nobody has a majority and then it goes to a convention where this horsetrading and everybody decides to compromise, doesnt have to be one or 2 leading candidates, it could be someone with only a small number. Stuart a totally split party, Kaylee Mcinerney for trump 2020, you have a big smile because you are loving this. Contested convention, battle royal on the floor of the Democrat National convention and in the second ballot were super delegates are lined up for bloomberg or biden, many mike is done and sanders with the nomination, a coup against Bernie Sanders. I have to ask a serious question about the rally the president holds. I put it to you, if one of those attendees has the virus or been in contact with someone with the virus that would be a black eye for the president. We get asked this, has anyone asked bernie this or biden . He can fill the trump rally front row but donald trump is confident, strong leader, taken charge here, unprecedented action, it was the safe environment. If somebody in that crowd got it and they have a quarantine a lot of people. It is hypothetical that will continue. He is confident he is a strong leader. Would you rather go up against, bloomberg, biden or bernie . I would take anyone of them. Biden doesnt know what state hes in. And the senate nomination. I think hes a decent man with an extraordinary history of tragedy, i feel for the man. In terms of feeling bad for him i look at the greatest recession, the biggest one we have seen, slowest economic recovery since world war ii, all the pain america experienced under obamacare and stop feeling bad for him. Stuart keep having fun. Appreciate it. Dont miss special coverage on cavuto coast to coast on foxbusiness. 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Stuart Steve Mnuchin on capitol hill says if theres a need to stimulate the economy because of the virus infrastructure is the priority. Lets get back to the main breaking news story, one in the bronx, when in Westchester County, close because of suspected case of the coronavirus. What is the mistake of the two schools, orthodox, jewish students. I know one of these schools. It makes prudent Public Health sense to do this if you have a suspected case of the virus because they have to disinfect the entire school. What you can do effectively. The schools are like petri dishes, everyone is close together, it is a highly contagious virus, this is a prudent move. It is not the same thing you are asking about before. I am proud of donald trump that he is still having rallies, we cant send a message that everyone should stay home but when you know it is a suspected case it is prudent to close the school. Stuart the tests are coming online pretty soon. Ive got to go to pfizer. I think it is going up related to the virus. Tell me more. Reporter they just had a statement that pfizer will be working on a set of experimental pfizer antivirals, it seems they are a little later to the game. If the results are positive, the process is successful the company could begin testing a drug in humans by the end of this year which shows how long we may have to wait but they are announcing they are working on an experimental antiviral drug and Gilead Sciences involved in doing the same. Stuart thanks very much. Ive got an improvement in the futures to look at. We are looking at the gain of 300 points on top of the 1200 point rally. We need help to cover the remarkable market. Joining us, mike murphy, susan and ashley with us. Lets talk to mike. T