Well get into that as well. Deirdre bolton has all the fast moving developments from the big board. Neil what a week, what a week indeed. This is the worst week for the dow weve seen since 2018. Just the volatility alone today. As we can see down 470 points. We were down more than 900 points earlier. I want to highlight quickly some of the stocks that are limiting the losses on the dow. You have two pharmaceuticals, not a huge surprise in the backdrop of these fears about the coronavirus spreading and one staple which also does sell face masks. Merck and pfizer, we know merck has had a long history of developing vaccines. So you do have the stock moving higher limiting some of the losses. Pfizer as well, and 3m which does make the face masks. If you look at some drags on the average, part. Reason today, why were seeing so much weight you have apple, microsoft, two Huge Tech Companies that both have exposure to china. Apple in 2019 got 17 of revenue from china, microsoft about 10 . Both
More than 5,000 since we came on air yesterday. Total of 206 people have died. And we are now seeing the most drastic measures taken yet. Last night californias governor issued a shelter in place order for the entire state. Asking 40 million residents to stay at home unless picking up groceries or medicine. This as doctors across our nation say the lack of protective gear like masks and gowns is dire. The cdc telling doctors, if they dont have access to masks, they can use bandannas or scarves as a last resort. In the united states. One hospital in indiana so desperate that theyre asking the public to sew protective masks and drop them off in a designated spot. Yesterday the president announced potential drugs that could be used to treat coronavirus. But the fda says they have not been approved to do that. And in washington state, republicans released their plan to help businesses and individuals struggling with the deep Economic Impact. The trilliondollar package includes a 1200 cash
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