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Territory for the first time in 11 years. All this comes amid concerns by the administration on the outbreak. We are standing by now at the white house. Reporter good evening. With fears mounting about the coronavirus, President Trump is expected to announce a series of steps to deal with the issue. One white house official tells me the president will likely announce some expanded travel restrictions. Another option under consideration the possibility of declaring a national disater. Here now is the president of the United States. My fellow americans, tonight i want to speak with you about our...

Have to radically change within the last 24 to 48 hours this has gone from something that weve been talking about that affected a relatively small number of people in this. Country but now what weve seen with the stock market were now in bear territory. For the first time in 8 plus years and that has had a huge effect on the economy and a lot of volatility there so were starting see whitening affects weve had the bands in San Francisco plan in Santa Clara County on large gatherings of people over brooks of 1000 are banned in both those cities now oakland joining making that announcement today ...

With a plan on how to deal with the coronavirus. He will be appearing in the oval office which is seldom done and gives you some idea of the severity. And also the just the state the nation is in right now. This is a cbs news special report. Im nora odonnell. President trump is about to address the nation as the coronavirus outbreak worsens. He will speak from the oval office underscoring the gravity of the situation this country faces. Today the World Health Organization declared a pandemic. There are now more than 125,000 confirmed cases worldwide including 1200 cases right here in the u. S....

In the use, 36 deaths and 1,276 cases. Dr. Anthony fauci told congress today, bottom line, its going to get worse. The economic fallout, already severe. The stock market, now 20 off its record high in february. The official marker of a bear market. Warnings of a recession, as travel and event cancellations and consumer fear ripple across the country. And the ncaa tournament will be played in empty arenas. Here now, the president. My fellow americans, tonight i want to speak with you about our nations unprecedented response to the coronavirus outbreak that started in china and is now spreading ...

Or they were taken to the Oakland Airport to return to their home states. Now officials were hoping to wrap up this whole process of getting everyone off that ship today, but things certainly taking a little while and it is possible it could take one more day. In the south bay three tsa agents who work at san jose airport have tested positive for covid19. The tsa says the officers are now receiving medical care. Were told 42 other tsa employees came into contact with them over the past 14 days and are now isolated at home. We understand the president has now walked in. Lets listen in. My fello...