The who says theres potential. Whistleblower says federal employee who is were sent to quarantine locationed were put in danger of infection by not having the proper gear. The u. S. Navy orders selfquarantine for ships that have been to highrisk areas, more companies as political battles are waging. Infectious disease expert is here from John Hospital kins will be here with what you need to know. What apple ceo ceo is saying about the coronavirus and company, exclusively at fox business. Days from South Carolina primary , senator Bernie Sanders knocking joe biden out of first place. Mornings with maria is live right now. Top story this hour, market sells off, we are off of the louse of the morning and we are looking at a decline right now of 232 on dow jones. That means the market is down 10 from the high, the dow plummeted 1200 points yesterday, largest decline ever. Secrets of wealthy podcast veronica, fox business Dagen Mcdowell and wall street journal Senior Writer Jon Hilsenrath.
Extraordinary upside moves we saw this year but now the action is just as extraordinary on the downside as what we saw moving higher since we turned the calendar. This is when we start to dust off the old adages down is quicker typically than the up markets weve had all a rise, we dont have to remind you of that, but the we have to pay the piper and the dow is down by the way, you cant compare the percentage terms down 802 on the dow. Biggest point decline prior to this was 776 during the financial crisis now, back then it was 7 , 8 drop today were talking 3 its rare to see that kind of move well show you everything going on with the spiking volatility. Its unsettling because it happens all at once. Well bring mike santoli in in a little bit we were talking about how the market has changed in 2018 compared to what we saw the last couple of years. Where most days the move higher would be a small one we were hitting base hits or doubles or something now weve been hitting home runs both u
Another 32 points. The nasdaq looks like it would be down by 123 points. Again, this is across the board some rough times. If you thought you were going to see a rebound this morning, its not happening, at least not yet. Part of the reason what happened in china. Joe mentioned the shanghai composite plunging to a fivemonth low. Its now giving up all of its gains for the year. That decline of 8. 5 that came today follows a 4 decline from friday. Again, it has been rough. It has been difficult. Weve been watching what chinas trying to do. There is a general sense of not only a slowdown in china but also the idea that the Chinese Government may be losing control. Many investors had been expecting beijing to unveil more policy support over the weekend following last weeks 11 drop for stocks, that didnt happen and the disappointment over the lack of a move is evident. It is one of the big reasons for todays more than 8 drop. The rest of asia also closing sharply in the red. Take a look at w
Moment earlier he toured the coastal 11. 4 . 15 percentage point swing. Areas. Well bring you the live and meantime a news alert on pictures from austin as soon as another retailer, this time its the president lands. But we begin today with an target event that shook the market ari levy has that scoop for us. Cnbc has learned that target overnight. North korea launching a missile is making a major move off over japan amazon web services. While stocks have made up early our sources are telling us that logs eds, more details about whether there will be an this is a longtime coming. Targets been hitting Amazon Official full u. S. Response. Has been hitting target at every hans nichols out at the pentagon with all of that have. Corner imaginable and most reporter we do have a response coming from the office of the secretary of defense, and they are saying, this is an recently in whole foods. Target is taking their money intermediate Ballistic Missile missile, irbm. It gives you an indicati
S p and nasdaq in the green, as well but its getting on the street Morgan Stanley with a note that says sticker shock things look expensive. You have some on the other side, too, but where are we today in the market if youre working with a money manager who cant recognize the difference between an obvious bull market and a bear market, probably you should fire that person today but second, why are we not focused, instead of forecasts and headlines, why are we not primarily focused on price take a look at the behavior of stocks themselves, and then take a look at internals and things like breadth and, yeah, of course, theres the danger of things getting too good but in the meantime, must oney being made, and look at the way the transports will not give back an inch look at the way boeing is trading right now. Deere gets hammered and comes roaring back Even Stronger than before and now youve got this bounce in the tech stocks that we were told were all overheated they went down between 5