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Year on Worldwide Exchange on cnbc welcome to Worldwide Exchange, i am Brian Sullivan. Thank you for joining us on this busy friday. Shocking news breaking hours ago as President Trump and First Lady Melania Trump have both tested positive for the coronavirus. Tweeting just before 1 00 a. M. Eastern that he and the first lady will begin their quarantine and Recovery Process immediately. The news coming hours after hope hicks, one of the president s top aids also tested positive for the virus. Monther details in a moment and throughout the morning stocks are reacting negatively dow down 328 points. Lets take a closer look and you can se ....
Good morning. Welcome to squawk box. Andrew ross sorkin with joe kernen and melissa lee becky is off today well go straight to show you how the markets are reacting on the back of that news. S p looking to fall 60 points. The biggest premarket decliners on the you dow looking at boeing, intel and apple off in some cases more than 2 or 3 eamon javers has been covering this story all night and joins us now with the latest good morning. Some very tough news for the president , the first lady and their family as the president and first lady have tested positive first, there was a report of bloomberg that hope hicks, the campaign aid to the president , travels with him a lot, tested positive she was seen traveling with the president on air force one, often photographed without a mask as with we watch some of those pictures of hope hicks traveling with the president a lot of the senior aids there shortly after 1 00 a. M. East coast time sending out a letter saying the president and first lad ....
Lets get to reporter natalie brand. She joins us live from the white house. Natalie. Reporter michelle, we are still waiting to see or hear if we will hear from the president himself. We have not seen any new tweets from the president other than the overnight announcement saying he was positive for covid19 and now in quarantine. Since then, we have learned that both the president and first lady are experiencing mild symptoms but the white house chief of staff is describing the president as still in good spirits, even energetic, and saying he is on the job and will remain on the job. Reporter President Trump and first lady have developed minor symptoms following their positive tests for covid19. We have a president that is not only on the job, will remain on the job, and i am optimistic that he will have a very quick and speedy recovery. Reporter the president s announcement came after one of his closest aides hope hicks tested po ....
Cocktail made by regeneron lets get to meg tirrell with the details. Reporter we just got confirmation from regeneron itself as well that they provided this experimental drug to the white house at the request of the president s physician on whats known as compassionate use. That is a way to access experimental drugs outside of Clinical Trials. Now this is the drug that we just saw the first data on, i believe on tuesday afternoon i think i said it was last week, but thats because time is of no normal consequence right now so it was just earlier this week that we saw the initial data from Clinical Trials on this antibody cocktail from regeneron for covid19 it was 275 patients and it was promising data but very early. It showed in patients who have covid19 but are not yet hospitalized with more mild to moderate disease, that the drug reduced levels of the virus and also helpe ....
We just completed a very important meeting of the task force and they are really doing a great job, and that results are very good when you compare this to what is happening around the world, we are proud of our people. There has been a tremendous amount of coordination with , and thingsities are going well. They are coordinating with us, and i think certainly california has been terrific, the relationship. New york has been really good. Weve had some really good relationships in terms of the hotspots, and we are focused on them. Some areas we have no problem whatsoever and we hope to keep it that way. Before turn this over to our great Vice President to provide an update, i want to express my appreciation for the hard work done by the people behind me and the people back in the offices, including the fact that i just let the oval office. We have people there that are probably watching this or they are just working we are using th ....