Territory. The nasdaq turned into the green the last few minutes. A lot of going on as always. Were waiting for update at this hour from the White House Coronavirus task force that update should come about hour a little more than that from now. Meantime lets get to the top stories as they develop on a monday. Fox Business Team coverage with Lauren Simonetti in the newsroom in new york, blake burman at white house for us. Hillary vaughn on capitol hill. Blake, we start with you. Reporter connell, melissa, the negotiations get nearly two trillion dollar package at going on the white house, treasury secretary steve mnuchin, negotiating with Top Democrats. One of the Top Democrats he is confident this will get done. The white house had been hopeful this would get to the president s desk for signature at some point during this week. The Vice President mike pence reiterated that timeline just a little while ago. President trump and i absolutely believe. Sake of american workers, economy, seeing our country through the coronavirus, the senate and the house must act to pass the care act and pass the care act this week. It is time they got to work. Reporter we are now halfway into the new social distancing guidelines. Over the weekend the president said we cant let the cure be worse than the problem itself. At the end of the 15day period well make a decision which way we want to go. Larry kudlow suggested today, that the economy would not be brought to a total halt. We cant shut in the economy. The Economic Cost to individuals is just too great. So lets see how this thing plays out. More testing is essential and were loading up with tests now. That will be a big help but the president is right, the cure cannot be worse than the disease. Were going to have to make some difficult tradeoffs. I spoke to the president about this very subject late last evening. Well look at number of different things. Lets give it another week. Reporter the Coronavirus Task force is set to meet at the white house here right now. The Vice President also said a little while ago, connell, melissa, one of the things they will be discussing allowing workers, critical workers to go back to work if they have been exposed to coronavirus so long as they are not showing symptoms and that they are wearing masks. A part of the discussion that the Vice President says they will have, that could be a part, potentially of new guidelines coming down the line. Back to you. Connell seems like a lot of debate developing about the timing when we go back. Blake, thank you. Lets get back to the markets for a moment. No floor trading at the new york Stock Exchange. So Lauren Simonetti is tracking things from the newsroom in new york. Lauren . Reporter completely electronic today, connell. Blake brought up, when do we go back . From coast to coast 100 million americans are stuck at home. They are under some sort of selfisolation order from the state. That means the economies in those areas are essentially shut down. The dow fell 582 points, off the lows of the session, down nearly 1000, because investors are looking at this, saying what kind of activity is out there . We got really dire predictions on how much the economy is going to shrink, contract in the second quarter. Morgan stanley, by 30 . St. Louis fed president james bullard, by 50 as unemployment spikes to 30 this is unheard of predictions right now. Come in the fed before the market opened, we saw futures really move to the upside on this. Buying whatever they can, doing whatever they can, whether treasurys, mortgage securities, loans for Small Businesses, money for consumers but it wasnt enough to help. What investors want right now is two things. They Want Congress to get this relief package together, stimulus together, they also want a cure. I want to show you some green. When we talk about treatments and vaccines, these are some of the stocks that did well today. Regeneron, theyre promising a treatment using one of their Rheumatoid Arthritis drugs. Also heart therapeutics, are working on a vaccine for coronavirus. As you can see there, there is green for you. Also take a look at netflix. I know a lot of us are stuck at home, watching a lot of netflix. Baird says there is very little sports on television this is good for netflix, up 8. 25 today. Apple moved in the other direction. Instinet said they are severely constrained, consumer demand is not there. Apple is no longer part of the one trillion dollar club. In fact the only member that is, used to be four companies, connell, just microsoft. Bad day today on wall street. If you think where we are from the february highs, down over 30 . We could go even more financial crisis. Broader market was down 57 from the recent high to put it in perspective for you. Connell yep. Dotcom bubble as well. We went down more. Lauren, thank you very much. Lauren was talking about, today does mark the first day of awfully electronic trading at the new york Stock Exchange. No floor traders involved as the floor has been closed for the timebeing. Teddy weisberg, spent so much time at the floor. He was working there more than 50 years. Kind enough to join us now. Teddy, not to have floor trading, your impression of how the trading went without, without the human beings . Of course, im, im talking to you remotely as i was dealing all day but i have not heard anything negative. So i assume it went, it went fine. I think as i recall, after hurricane sandy, we also went all electronic for a couple of days. Connell one of the things thats come up this time because, so much time has passed, there has been so much electronic action in every other market is that, now that they have closed the floor, will they at least give a thought to maybe not bringing human beings back, at some point going all electronic permanently. What do you say people calling for that now because some are . Well, as long as i have been a member of the stocks exchanges people have been calling for the demise of the Trading Floor. That goes on for 50 some odd years. I dont presently go there stay to day anymore but the folks that are there perform a function, they do a good job. The Stock Exchange has done a pretty credible job combining both electronic trading and the Human Element and i, my own personal opinion, clearly im biased because i spent so much time there, trying to be objective, the combination of the two is actually quite positive. I think this is a temporary pause. We will see, we will see human beings back on the Trading Floor for as long as probably, as long as we both can see. Connell teddy, give me one answer then, before we let you go on the, what weve seen in this market, Lauren Simonetti and in her reporting did comparisons to past crashes or bigtime selloffs that weve seen, 1987, the charts even look a little like 1929. I will not make the joke saying you were there for that but i know you remember 87. How would you compare now to then . I like to tell folks, and your viewers or listeners, ive seen what i call major debacles in my career. The 73, 197374 time period where the average of the dow is down 50 from the trading highs to the trading lows. The crash of eight sy testify, lets 87 was just a oneday wonder. Down 32 in one day. 0809, we were down 50 from the trading highs to the trading lows. I wasnt around for 29, im sure it was not dissimilar to what were experiencing today you about there is one major point that i would like to make here. As a result of crash of 29 we had the securities acts of 32 33 heart sail rule and they imposed the tick rule, that was to stop momentum on sell side. Not stopping short selling but stopping short sellers from selling short on minus ticks. About 10 or 12 years ago, it was quietly repealed. Now we dont have to go into that as why that happened but it happened. And i think one of the great travesties what were experiencing today which apparently nobody seems to care about, is the removal of that tick rule, seems impossible of task of getting it reimposed because clearly the tick, the elimination of the tick rule certainly helps High Frequency traders and contes, what have you, it is not in the public interest. At the end of the day we need integrity of these markets for for the public. Connell Everything Else seems to be on the table so why not that, Teddy Weisberg . We appreciate your time as always, teddy. Thank you for coming on. Melissa the senate at a complete stand still. Looked like they were making progress, no, all of that coming grinding to a halt on the biggest mainstream stimulus plan that we have ever seen. What is going to happen next . Hillary vaughn standing by on capitol hill with more. Hillary . Reporter right now the Coronavirus Relief package is in limbo. Weve seen a lot of bipartisan blowups play out on the senate floor, including a few swear words. One member stood up, asked everyone to calm down, take a deep breath. Republicans begging democrats from drop their plans to it is a wishlist, a liberal wishlist. It is just astonishing, they are delaying direct assistance so they can play to the liberal left. The extremists, the environmental extremists, labor special interests. Were here trying to fight for the man and woman of the on the street of you are hometowns yet theyre fighting for the Green New Deal reporter expanding fuel he missions and wind and solar tax credits. Democrats are pushing for transparency, strings need to be attached to the 500 billion for business. I frankly hope we would have a final vote. I respect and recognize in absence of transparency and accountability what will be the single largest bailout in history, many in my caulk with us are willing to keep putting brakes on for now and. Reporter with five republican senators in quarantine, they need 13 democrats, 12 democrats to get on board to push and begin debate on this phase three bill. Melissa . Melissa what a mess. Hillary vaughn, thank you so much. Lets bring in one much my favorite guests dan heninger of the wj. Hard to tell who is telling the truth. Democrats say were trying not to create a huge slush fund here. Republicans want to give big business a lot of money. And then republicans say, im looking at quote from majority whip james clyburn, reportedly told his caucus that bill was quote, tremendous opportunity to restructure things to fit our vision. Republicans say they threw on the brakes on the democratic side because they wanted to essentially jam the Green New Deal in here. What do you think the truth is . The truth is contained congressman clyburns quote, that the democrats, especially democratic left, i dont think there is any real distinction inside of the Democratic Party anymore, the democrats do believe the coronavirus crisis, what has happened to the economy is an opportunity for them to force the republicans to put in place a permanent agenda involving things such as fuel emission standards, that have nothing whatsoever to do with getting help to the American People as quickly as possible. I dont know how you quite explain that, melissa. It is an extraordinarily cynical thing for them to do. I think it is a terrible political look but they seem to have been so determined and so gripped by getting their ideology in place, that theyre willing to take that risk and put presumably the American People at risk right now. Melissa but you know, you see it as a terrible political look. The only problem is, depending who you tune in, listen to, Mitch Mcconnell is out there saying he was very upset saying that democrats that they had great bipartisanship going and Nancy Pelosis private jet touched down, whatever she flies on, all of sudden that flies out the window. But when Chuck Schumer is standing up there, we want what is right for the people and theyre trying to just open up the trough for companies. So i dont know. For the average person they dont have time to really sort through it, they dont know who is pulling what . A lot of people do have time on their hand now, melissa because theyre out of work and are at home. If like me, you were at home sitting watching the senate floor debate, the parameters were pretty clear. You had senator joe machine manchin of west virginia, widely regarded democrat, denouncing corporations and wall street. Corporations will be okay, wall street is okay. We have to take care of the common man. Lamar alexander republican from tennessee, what do we think corporations are . Corporations employ millions of average americans. That is what a corporation does. Melissa right. But nonetheless the democrats seem insist extent a corporation is basically 50 guys in top hats and tuxes running america. I think the average person watching this can see this is simply not what is at stake right now. Melissa all right. Just a pox on all your houses, i guess that is a bad analogy right now, republicans and democrats seem like theyre not helping. I think they will start making some political distinctions after watching this fiasco in congress this week, melissa. Not a good look for democrats. Melissa dan henninger, thank you so much. No. Thank you. Connell lets go to some numbers were putting together, trying on a daily basis. More than 372,000 cases worldwide coronavirus. 41,000 of those right here in the united states. Then we get to testing. We look at u. S. Public health labs testing more than 67,000 people as of yesterday. The white house is promising 27 million testing kits to be available by end of march as medical professionals continue to race for a cure, at least for some kind of treatment. In fact well talk to a fox psychologist about a potential treatment, melissa, coming up next. Melissa all right, meanwhile, combating the crisis. One hospital is challenging the public to make masks, millions of them. To help curb the shortage. We are hive from Washington State with the latest on that. So you only pay for what you need [squawks] only pay for what you need. Liberty. Liberty. Liberty. Liberty. 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Before a big shipment of the federal government of supplies arrived on saturday, some hospitals in Washington State reported they were days away from running out of protective masks and the state warehouse was empty. That dire situation prompted Providence Hospital to issue 100 million mask challenge literally seeking anyones help, the response has been strong. People are sewing surgical masks and face shields in their home. The hospital is providing Raw Materials and sewing kits and volunteers stepped right in. Providence treated first known case of coronavirus in the country back in january. Now the state has had 2,000 people affected and 95 deaths. The outbreak stretched supplies to breaking point. Sounded an alarm to a few of us to say the shortage of personal protective equipment has gotten so critical that were going to start to need to make our own. Reporter but before doing that, providence issued the mask challenge and has been pleased by the response, not only from individuals wanting to help, but from businesses. We found a furniture manufacturer who shut down the normal operation to start making Safety Equipment for Health Care Workers. In the first two days he made 5600 masks and one thousand face shields. He is far from alone. So many masks are being made, prove defend prove defense pulled the plug on challenge, thanking volunteers, theyre not longer issuing materials around sewing kits. The requirements are critical to protect Health Care Workers for protection. The shields being made can help noncovid19 patients and as last resort but canned be used for coronavirus cases. This Many Americans are definitely ready to help wherever melissa melissa, people definitely want to help. Dan springer, thank you. Connell so racing against tim