it is wednesday, march 4th. i'm ayman mohyeldin alongside yasmin vossoughian. we begin this half hour, this hour, excuse me, with results from super tuesday. it was a stunning night for joe biden, the former vice president swept the south. the projected winner in nine states, with landslide victories in alabama, virginia, north carolina, arkansas, tennessee and oklahoma. he also won big in minnesota. he won the delegate-rich state of texas as well. and he won elizabeth warren's home state of massachusetts, where she came in third, behind bernie sanders. sanders won his home state of vermont, as well as colorado and utah. sanders is also leading right now in california. the state with the most

delegates, but the race is too early to call with 46% of the vote in. sanders has 32%. biden, 23. the state of maine, also too close to call with 91% of the vote in. biden leads in that state by about 1700 votes. now, when it comes to delegates, biden is now the front-runner, with, there it is on your screen, as of right now shg, 43 delegates, to brndz brnernie sanders' 346. >> joe biden took to the stage andid celebrated a victory ther. >> it's a good night. it's a good night. and it's seeming to get even better. they don't call it super tuesday for nothing. just a few days ago, the press and the pundits declared the campaign dead. and then came south carolina,

and they had something to say about it. and we're told now when we got to super tuesday, it would be over. but it may be over for the other guy. i'm here to report, we are very much alive! and make no mistake about it, this campaign will send donald trump packing. people are talking about a revolution. we started a movement, we increased turnout. and the turnout turned out for us. >> there was a most of drama during biden's speech, protesters rushing the stage. you seehe coming within feet of the former vice president and dr. jill biden, his wife. one woman was swiftly removed by the president's bodyman. moments dylater, see it again. a second protester storming on to the stage. she was carried over by biden

aide symone sanders there. >> and the victory thanks in part to black voters in several states. according to nbc news' exit polling, black voters, 60% of them backed him. this is also true in virginia, where 63% of african-american voters voted are for the former vice president. 62% of black voters in alabama voted for biden. and 70% of the black voters in that state.th as a whole, biden claimed a significant portion of black votersio in the states where almost two-thirds voted for him yesterday. >> and senator bernie sanders spoke to his home state last night, expressing willingness to win the democratic nomination while going after joe biden's voting record. >> we're going to beat trump

because this will become a contrast in ideas. one of us in this race, led the opposition to the war in iraq. you're looking at him. another candidate voted for the war in iraq. one of us has spent his entire life fighting against cuts and social security exploiting to expand social security. and another candidate has been on the floor of the senate calling for cuts to social security, medicare, medicaid and veterans programs. one of us led the opposition to disastrous trade agreements which cost us millions of good paying jobs.

and that's me. and another candidate voted for disastrous trade agreements. one of us stood up for consumers and said we will not support a disastrous bankruptcy bill. and another can't dadidate represented the credit card companies.it >> joining us, msnbc correspondent vaughn hillyard. itug looks chilly out there. we'll try to warm things up four. >> i have no idea how we're going to do that. >> we can get him coffee or something there. >> hot chocolate. >> what are you hearing from the

biden camp how they were able t pull off the surprise win in minnesota. most accounts, this is the state that bernie sanders was hoping to pick up. >> reporter: exactly, joe biden didn't campaign here. at the last minute put in the television ads, but who was featured in the ads is the words of amy klobuchar, monday, she through down, suspended her campaign to endorse joe biden. minnesota is a state where bernie sanders beat hillary clinton with 22 percentage points. that's why you saw joe biden, in polls in third place behind klobuchar and sanders was just, you could say, stunning. i think that's across the board. he won nine states total, including texas. this is hugein for the individu who i will remind you placed fourth in iowa. and went to new hampshire and placed fourth there. he said he's very much alive.

last night was evidence of that being the case in the primary race. >> looking at minnesota and the klobuchar influence there. considering her performance way back in new hampshire when she came in a strong third place there, what are we hearing from the klobuchar camp and the biden camp as to her role going forward with regards to campaigning for the former vice president? >> reporter: when i maet with with a few klobuchar staffers, and they said the senator plans to hitth the campaign trail beyd last week. stumping for him. i'll remind you the likes of north dakota, missouri just one week, i guess now less than one week, next tuesday will be voting, idaho, michigan. north dakota, missouri, that is the bread and butter of what the

amy klobuchar campaign was suggesting she as a presidential candidate could win back the midwest against donald trump. obviously, he's stepped aside in every bitpe of her interest in trying to help joe biden pulling that off. >> vaughn, let's look at going forward where things go from here. we have the next set of voting to take place in a week's time. what is the psychology in some of these camps today? where does everybody go from here? >> reporter: this is the part that i r don't think anybody wa having a conversation about. after those results from last night, and we should note california is still counting their ballots, there's a shot that joe biden could outright win the nomination. there's been a lot of chatter going to a contested convention that nobody would hit that delegate threshold to walk into mill weak at the democratic national convention an outright nominee. what you saw last night was him overtake bernie sanders in the

democratic lead and perform exceedingly well.or if he's able to have a strong march 10th, going into march 19th, in a place like arizona, he could be building a delegate lead that is hard to keep pace with,to especially with the lik of mike bloomberg and elizabeth warren exit this race. >> vaughn hill yayardhillyard, up, my friend. still ahead, we have so much more to talk about for super tuesday including very important congressional races, one you may remember, in alabama with the former attorney general jeff sessions. results. those plus, a deadly tornado ripping throughly nashville, tennessee, leaving a rash of destruction. thousands without power. those stories and more coming up next. it all starts with an invitation.

to be our guest. the invitation to lexus sales event now through march 31st. lease the 2020 rx350 for $409 a month for 36 months and we'll make your first months payment. experience amazing at your lexus dealer. the more you go out and see this world of ours, you'll find that our similarities are just as remarkable as our differences.

in delta's 300 cities around the globe, we've seen it's less what language you speak or what you believe in. it's who shares the same goal: that of trying to move us all forward, aboard the biggest flight of all.

welcome back. nbc news projects that alabama's republican senate race will head

to a runoff. less than two points separate former attorney general jefl sessions and former auburn university coach tommy tuberville as both look to take on democratic senator doug jones in november. jeff session has a turbulent relationship with president trump touted his support for president trump. >> when no one else dared to do it. i endoed donald trump. people thought i was nuts. some of you thought i was nuts. i heard from you. and where is my opponent the one we'll be facing in the runoff, tommy tuberville, when the battle was in tout, you know where i was, on the front lines. where was he when president trump needed him? what did he do for trump? never said a kind word about him

that i can find. never gave a single penny of his millions to the trump campaign. so one thing is clear, there's no doubt where i stand on the issues, no doubt of my support for donald trump and his agenda. >> let's -- sorry. >> sorry, go ahead. go ahead. >> i just want to be clear here as we're watching this, i know all of us were thinking it, he was on the front lines, right? >> yeah. >> he was the first one to don the make america great again. he was thrown in the back after -- the president was digging in. we'll have to wait to see how the president responds. >> he quoted his education. allude to the fact that he's not the smartest senator at the time. we'll see. we'll get to a lot more super tuesday results. first we want to turn our attention to a tragic story in

tennessee, at least 30 people were killed after a tornado struck nashville and central tennessee yesterday, marking the most deadliest tornado in that state's history. 45 buildings collapsed with many others seeing extensive damage throughout the state. more than 50,000 homes and businesses were also left without power. yesterday, governor of tennessee, bill lee declared a state of emergency and called the devastation heartbreaking. >> piles of rubble, and the devastation of buildings and neighborhoods. and find every pile really represents people. it's businesses that are lost. it's families that are hurting. it's people that are the real -- that have really seen the destruction of this. >> and president trump plans to visit tennessee later this week. let's turn now and get your "first look" at your forecast with nbc meteorologist bill

karins. the destruction there. >> incredible. >> we've seen this flyover image here. just incredible to see, unbelievable to think so many of these people were in their homes asleep, not knowing what was coming. >> the scale of devastation, also surprising to happen so quickly, bill. >> yeah, the tornadoes aren't fair. one side of the street can get crushed. the other side of the street can be just fine. >> wow, look at that. >> we know that children perished of the 24 dead. so, these people went to bed, tucking their kids in at night. like it was any other normal night. in the middle of the night, they heard the tornado sirens, hopefully, they had their weather radios and they ran to their shelters. sometimes, unfortunately, these storms so big and powerful, even if you're in a safe room -- >> not enough. >> a closet may not be enough. ef-3, winds in excess of 165

miles per hour. let me take you through the tornadic superstorm. all of the damage, 275 miles. 4 hours and 15 minutes' worth of tornado and the path. here's where the storm begins and the path it took is near nashville. this is the first fatality, camden. this is the supercell here. then the storm went on the track to the nashville area. here's the nashville area. they had like a five-minute lead time. this is the tornado as it went through, 12:46 a.m. right in the middle of the night when everyone is sound asleep. then, we know that 14 people died at this point in between baxter and cookeville. this is where the tornado was, in the two-mile stretch here, guys, 14 people died in that two-mile stretch. this will go down likely as either the second or third worst tornado in tennessee history. there are still 77 people that are missing. hopefully, a lot of those people

went somewhere else because their homes were destroyed and they'll find them. >> they're going to have relief today? >> there's no problem, nashville, tennessee has cleared. you they were worried about the gulf coast, hopefully, nothing like we saw. still ahead, a divided supreme court gives the states across the country the ability to use criminal laws against immigrants. we're going to talk about that new ruling with legal analyst danny cevallos. we'll be back in a moment. going anytime. rewarded! learn more at the explorer card dot com. unlike ordinary memory wsupplements-neuriva? has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try neuriva for 30 days and see the difference.

how we worship, or who we love. and the 2020 census is how that great promise is kept. because this is the count that informs where hundreds of billions in funding will go each year for things like education, healthcare, and programs that touch us all. shape your future. start here. learn more at 2020census.gov welcome back. a divided supreme court yesterday increased the ability of states to prosecute undocumented immigrants and other people who do not have work authorization here in the united states. if they provided false social security numbers or other information on job applications. with the court's conservative justices in the minority, the 5-4 rule overed a 2017 supreme court conviction that ruled the

numbers for other people using numbers fraudulently. in the opinion confirmed by justice samuel alito, the supreme court found that they did not encroach or federal immigration policy. steven ryier said immigration authority given the sole responsibility, according to "the wall street journal," the trump administration backed candidates in the state, arguing that congress never meant to call out immigration related exception. that would keep states from enforcing their own laws. >> joining here on set, nbc legal analyst danny cevallos. essentially the supreme court is saying states can go eveafter o prosecute illegal immigrants. they have the authority to do so. what do you make of this

decision? >> there's a concept called preemption. the federal government has the right to legislate in certain areas. arizona is one of them. the state can't start coining its own money. that's something that only the federal government is allowed to do. only the federal court is allow allowed immigration, and the federal government says when it comes to putting false information on that i-9, then we are the only ones who get to prosecute it. kansas comes along and says we also have our state fraud statutes and we're going to prosecute these people for putting false information, these are aliens, under the national immigration act, it prosecutes these aliens. and they say wait a minute, you can't prosecute because the state law is preemptsed by federal law. justice alito holds, well, no,

just because that information in your i-9, that federal form, also appears in your state forms didn't mean it's automatically preempting kansas state. we're taking your state tax law forms even though it contains the same phony social security number and we're prosecuting you based on that, that is not preempted. >> so you have justice steven breyer basically saying that this ruling is opening -- i'm quoting here, opening a colossal loophole, allowing states to produce federal work authorization. >> it could. the point he's trying to make, because those forms, the state tax forms and the federal i-9 forms contain exactly the same information. what justice breyer i think is trying to say, states who want to prosecute undocumented aliens will find an end run-around for saying, we're not prosecuting you for what you said on your

form. but instead, we're prosecuting you for the same information on your zb gym application or another place. the federal law says not only do we get to prosecute people for violations of i-9 and other federal laws, but you the state can't because we're the only ones that enforce immigration laws. >> effectively, it's giving states more power? >> exactly, it's taking more prosecution activity of the states outside of what's called federal preemption, an area that the states otherwise wouldn't be able to legislate or even touch. >> it seems like a fascinating case because of what it could said for other jurisdictions as well. >> it is fascinating and it turns largely on how you define where information is contained. >> and these days probably everywhere. >> everywhere. >> you lawyers always know where to find that information, don't you? and find those loopholes. >> and i will defend you with the same vigor.

>> we won't need that, danny cevallos. >> of course not, never. >> i never want to have to employ danny cevallos' services. still ahead, we're going to talk about what super tuesday's results mean for president trump. there is a silver lining for his campaign. she joins us ahead to explain. plus, we're going live to north carolina. one of the many states joe biden won and won big last night. we're back in a moment. with key nutrients to help support thyroid, bone, hair and skin health. all with great taste. new, boost women. designed just for you. new, boost women. unlike ordinary memory wsupplements-neuriva? has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try neuriva for 30 days and see the difference. breathe freely fast, with vicks sinex. my congestion's gone.

i can breathe again! ahhhh! i can breathe again! ughh! vicks sinex. breathe on. there's a company that's talked than me: jd power.people 448,134 to be exact. they answered 410 questions in 8 categories about vehicle quality. and when they were done, chevy earned more j.d. power quality awards across cars, trucks and suvs than any other brand over the last four years. so on behalf of chevrolet, i want to say "thank you, real people." you're welcome. we're gonna need a bigger room. stay two nights and get a free night for your next stay. one night, two nights, free night. book now at bestwestern.com.

♪ welcome back, everybody.

i'm yasmin vossoughian alongside ayman mohyeldin. >> let's gibegin with the resul from super tuesday, and as you probably know by now, it was a stunning night for joe biden. the former vice president swept the south. a projected winner in nine states, with landslide victories in alabama, virginia, north carolina, arkansas, tennessee and oklahoma. he also won big in minnesota. he won the delegate-rich state of texas. and he also won elizabeth warren's home state of massachusetts. where she came in third behind bernie sanders. sanders won his home state of vermont, as well as colorado and utah. sanders is also leading right now in california. the state with the most delegates. but that race is too early for us to call. 48% of the vote already in. sanders has 33% to biden's 24%. now, the state of maine also too close to call with about 91% of the vote in. biden leads in that state by just 1700 votes. now, when it comes to delegates,

you see it there on the screen, that number bumping up over the course of the hour, 449 delegates for joe biden. 371 for bernie sanders. after a disappointing breakout primary results, mike bloomberg is reassessing whether or not to stay in the presidential race. senior campaign officials tell nbc news that bloomberg will meet with top advisers in new york this morning to discuss his next step. after putting $400 million in his campaign, the former new york city mayor failed to meet the delegates required for most super tuesday states. bloomberg has already invested $7 million in ads in the states coming up, including the delegate-rich state of florida where he was last night. bloomberg has no public event scheduled for today. bloomberg has no public event scheduled for today. after finishing third place in her home state of massachusetts, senator elizabeth warren and

their campaign are charting their next steps. according to nbc news, warren appears to be tight-lipped, staffers seem on edge and there are signs that the campaign is feeling the pressure. tensions are mounting. according to politico, warren has reportedly angered the sanders camp as she vows to go all the way to the democratic convention. this as ilhan omar reflected on joe biden's surprise win in minnesota. tweeting last night this, imagine if the progressives consolidated last night like the moderates consolidated, who would have war? warren held a rally in detroit last night not once mentioning super tuesday. >> but prediction has been a terrible business. and the pundits have gotten it wrong over and over, so here's -- so here's my advice. cast a vote that will make you proud.

cast a vote from your heart. and vote for the person you think will make the best president of the united states of america. i'm in this race, because i believe i will make the best president of the united states of america. >> all right. joining us from durham, north carolina, msnbc's david good. david, good to have you with us. let's start with that surprise win in minnesota. a lot of people did not see that one coming in the runup to super tuesday. how crucial was it, david that we saw senator amy klobuchar drop out monday morning and then endorse joe biden in turning minnesota for the biden camp. >> yeah, hard not to attribute that success to her doing that. and her handing over her support to joe biden on the stage in dallas. so just the night before, he's

attributing it to that. you look at the advertisements that his campaign released in minnesota. touting that endorsement. i think it's safe to say it had a huge effect for joe biden. that and the coalescent that you talked about, hugely important for joe biden as he tried to seize on that momentum in south carolina with all of the districts in that state, capitalizing on that as he moved across it's south and to the midwest. it's been cattalytic and has jump-started the campaign. looking at bernie sanders and joe biden, the front-runners here. you heard from the senator from vermont last night looking at his campaign in a bien nary way talk about their careers in contrast. not mentioned joe biden specifically but beginning to draw contrasts which we'll see over the nexts here.

>> let's talk about elizabeth warren and former mayor mike bloomberg not faring well here on super tuesday. the question is will they drop out? when will they drop out? and will senator elizabeth warren -- i think there's indication that bloomberg would get behind biden, but would senator elizabeth warren get behind biden? >> reporter: we heard a supporter saying if he would throw his support behind joe biden. he said why aren't people asking joe biden if he would throw his support behind mike bloomberg. look, this is a state that mike bloomberg thought he would do well. he spent about $17 million on advertisements in the state. opened up a number of offices across the state. ayman mentioned a moment ago that he didn't meet that threshold of 15% to get delegates in the state. that's a huge disappointment for his state and as he performed in

virginia as well. these were contestant states that he thought he could take advantage of a moderate/centrist and we didn't see that happening. people who supported mike bloomberg made their minds up in february, if not before. they had determined before we saw this reconfiguration that we saw around joe biden in the last 48 to 72 hours in the campaign. you look at elizabeth warren, her contaalculus is similar. there wasn't the expectation that she was going to win any of these 14 states but she was counting on the fact that she would do well in a number of them. meet that 15% threshold or get delegates. a huge issue with money. she has a very sizable staff. second on in size to mike bloomberg's, we know he's able to finance that on his own.

there are situations that are moneywise that are going to keep her from running the campaign he's been running. >> thank you, david. >> tracking the delegates. we're at 449 delegate count for former vice president joe biden. and i didn't catch where bernie sanders is. there we go. and president trump spent super tuesday watching the returns roll in on television. the trump campaign tried to tamp down on joe biden's momentum saying, quote, everyone should remember that he's just as terrible a candidate right now as he was a few days ago. and democrats, quote, ganged up to deny bernie sanders the nomination. and trump has seized on the television saying, quote, the democrat party has gone crazy. and as trump's re-election heats

up, the rnc announced it raised $86 million last month for the president. meanwhile, his daughter, ivanka trump boasted in an interview will "the new york times" that she raised $2 million in 45 minutes at a donor event last year. in that same interview, the president's senior adviser said the president has brought in the reach of the republican party. >> lots to break down here. joining us now on the set, white house reporter for nbc news digital news, shannon pettypiece. let's talk about how it reflects the strategy. almost on cue, joe biden, the front-runner, attacking him, you had the impeachment thing. some people say he hedged his presidency on impeachment to go after joe biden. >> yeah. >> today, where do you think it stands with president trump on super tuesday? >> i think there's good news and bad news here. the bad news, a big strong turnout for biden in the suburbs

and among black voters. those are two groups that the trump campaign and democrats know are key in 2020 as they were in 2016. i know you guys were pointing out numbers in virginia. that huge turnout, almost double what it was. virginia is one of those key bellwether type states that show possibly where you might find pennsylvania, where you might find michigan going. big you there for joe biden is a bad sign for trump. the good sign for the trump campaign, though, is that it's still a two-man race. a final blow was not dealt to all of the other candidates. you still have bernie sanders there within striking distance of the delegate count. ever since the democratic race started the number one hope for the trump campaign this would be a long protracted fight that could go all the way to the convention. the dream scenario would be a contested convention. for them, they see the benefit between a divided democratic party and a nominee who will emerges beaten up, bloody, broke

and then has to go into a fight with trump who is then carrying in buckets of money and holding rallies almost every week and in a such strong position. >> even without a brokered convention they want a repeat of 2016 where clinton and sanders fought it out all the way. you can fact-check for us ivanka trump in what she says in the interview in which she says that her father has, quote, broadened the reach of the republican party. has the president in fact done that? >> i don't know if he's broadened the reach of republican voters. when you look at the poll numbers, particularly his approval numbers in the past month, they are at record highs compared to where they used to be. when you look at head-to-head polling in a lot of these key states, trump and biden, or trump and sanders are often within the margin of error at this point. right now, i think both sides, i know the trump campaign is expecting this to be a close race again. this is going to be a race that could turn on a few thousand votes decided, you know, in

detroit by black turnout. and, you know, in the suburbs. >> right. >> in the innercities there. or in the suburbs of pennsylvania among suburban moms. it's going to be a close one. and we really seem to be where we were back in 2016, particularly with biden as a potential nominee. he's a very traditional candidate. it would be a very traditional race for the trump campaign. >> shannon pettypiece, appreciate it. still ahead, joe biden sweeps the south on super tuesday. the commonwealth turns in a record number of primary ballots. your "first look" at "morning joe" is back in a moment. (burke) at farmers insurance,

we've seen almost everything, so we know how to cover almost anything. even a "gold medal grizzly." (sports announcer) what an unlikely field in this final heat. (burke) not exactly a skinny dipper, but we covered it. at farmers, we know a thing or two because we've seen a thing or two. so call 1-800 farmers to get a quote. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ because you didn't have another dvt. not today. one blood clot puts you at risk of having another, so we chose xarelto®, to help keep you protected.

xarelto® is proven to treat and reduce the risk of dvt or pe blood clots from happening again. almost 98% of people did not have another dvt or pe. don't stop taking xarelto® without talking to your doctor, as this may increase your risk of blood clots. while taking, a spinal injection increases the risk of blood clots, which may cause paralysis- the inability to move. you may bruise more easily or take longer for bleeding to stop. xarelto® can cause serious and in rare cases, fatal bleeding. it may increase your risk of bleeding if you take certain medicines. get help right away for unexpected bleeding or unusual bruising. do not take xarelto® if you have an artificial heart valve or abnormal bleeding. before starting, tell your doctor about all planned medical or dental procedures and any kidney or liver problems. help protect yourself from another dvt or pe. ask your doctor about xarelto®. to learn more about cost and how janssen can help, visit xarelto.com. and the clock could be ticking towards bad breath, receding gums and possibly tooth loss. help turn back the clock on gingivitis with parodontax.

leave bleeding gums behind. parodontax. the commonwealth of virginia saw more democratic primary voters than ever before yesterday, can't emphasize enough how historic that is. about 1.3 million votes were counted with 1% of the votes still out. nearly doubling the 780,000 votes cast in 2016.

it even surpassed the historic 2008 primary between hillary clinton and barack obama. the sanders campaign has long argued that high voter turnout favors their candidate. but that was not the case in virginia last night, where biden won by 30 points. 53% to 23%. >> some incredible numbers with regard to that. >> another data point that has proven to be unconventional in this election. everyone thinking high voter turnout would mean strong voter support for bernie sanders. >> in fact, it was the exact opposite. let's get a check on weather with bill karins. >> in texas people were in line for four or five hours. >> yeah. >> as you were talking about in california. reporting people waiting hours and hours to vote last night. >> which is, early voting if you can do it -- >> and chris jansing, i believe, was at u.t. austin --

>> she was at soustin. a lot of young people in line which is impressive, those 21 years old. >> some were undecided while in line. >> maybe they were having conversation figuring out what they wanted to do. let's get to the forecast, we still have nasty weather to deal with. giving people a heads-up. we still have a tornado watch in portions of mississippi and alabama. we've seen south of jackson, north of mccohen, one storm we're watching, we do have a tornado in between collins, a little town, about 1,000 people live there. this is a storm that could possibly have a little hook on it so we'll watch that. for rest of today, 8 million people in risk, southern louisiana, mississippi, a slice of the panhandle there in georgia, you do have a risk of tornadoes. for the rest in the south, with the thunderstorms, we do have a france of flash flooding. once again, the south has had a very active spring. once again, we could have some

dangerous weather today. >> thanks for that, bill. still ahead, stocks seem despite the fed with the interest rates cut with the coronavirus. and the stories driving your business day, all coming up next. memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. the more you go out and see this world of ours, you'll find that our similarities are just as remarkable as our differences. in delta's 300 cities around the globe, we've seen it's less what language you speak or what you believe in.

it's who shares the same goal: that of trying to move us all forward, aboard the biggest flight of all.

so in an effort to combat coronavirus fears the fed cut interest rates by 2.9%, pretty unprecedented to help support the economy and drop -- and prop up, excuse me, financial markets. doesn't seem necessarily, though, to be working. cnbc's willem marx is joining us from london to talk about this. cutting interest rates, feeling like maybe it could help soften the blow with respect to coronavirus, but not working. >> not so far in terms of at least propping up the stock markets in particular. these rate cuts, they are an emergency rate cut, not often happening between policy meetings, this is the first time this has happened by the fed

since the great financial crisis. what they often tend to do is bolster the confidence of equity traders and equity markets. we didn't see that happen yesterday. the dow jones industrial average ended 2.7% lower yesterday. some saying this is too premature, some saying they expect to see more cuts in the near future, some saying this reminded them of the great financial crisis because this was an emergency move. what it meant is a lot of people moved their money from the equity market, stocks, into the bond market, basically buying u.s. government debt because it's such a safe bet people consider it. when you buy the bid up the price, everyone is trying to buy the same thing and as a consequence the yield the amount of interest paid on that debt drops and we have seen it drop below 1% for the first time ever as a consequence. jay powell saying it's not up to central banks to try to solve this problem, they can do as much as they can but it's going to come down to health experts, vaccine specialists in order to get rid of this problem. >> speaking of health experts

let's talk a little bit about this. in this country i'm sure you have seen some of the video, the president is having meetings with ceos, health officials. >> pharmaceutical companies. >> trying to figure out what, if anything, might be a treatment for coronavirus, but we understand that a drug being used in japan might actually be the answer to treating the coronavirus. what more can you tell us about that, if, in fact, it is? >> well, there was a study out just a few days ago in a magazine called cell in which indicates that the researchers in germany had figured out that the way that a previous type of coronavirus we all know sars essentially entered cells is very similar to the way that this current coronavirus that causes covid-19, that's the name you will hear for the disease all the time, also enter cells. they're hoping, therefore, that the treatment that was used for sars and that was proven to work in lung cells in a dish could be replicated here. it's been approved for humans before in japan, it hasn't been tested on humans with covid-19,

though. there is a chance, scientists say, that because it's already allowed with humans that the fda might fast track approval if and when it's proven to be effective on covid-19. >> it can't come fast enough for some of these people that have it. >> a lot of people at risk here. thank you. up next a look at axios' one big thing. coming up on "morning joe," more from yesterday's super tuesday results that show former vice president joe biden now leading the democratic primary field in the delegate count. and with the state of california still undecided los angeles mayor eric garcetti will be our guest. "morning joe" just moments away. t "morning joe" ju mstoments away. at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade

which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. and i...was...shocked. i'm from cameroon, congo, and... the bantu people. greater details. richer stories. and now with health insights. get your dna kit at ancestry.com. adds to the legendary capability of the strongest,

most advanced silverados ever. with best in class camera technology and larger, more functional beds than any competitor. the only truck that can compare to a silverado is another silverado. truck month is the right time to get behind the wheel of the chevy silverado. now, get 0% financing for 72 months plus $500 dollars cash allowance on all silverado 1500 crew cab pickups. find new roads at your local chevy dealer. unlike ordinary memory wsupplements-neuriva? has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try neuriva for 30 days and see the difference.

joining us now from washington, d.c. with a look at axios a.m. editor in chief mr. nicholas johnson. >> good morning. >> what is the one big thing for today? >> today's one big thing is bloomberg's historic bust. never in the history of american politics has somebody spent so

much money and won so little in american presidential election. after going through almost $600 million so far mike bloomberg won as many primary states yesterday as the three of us, zero, although he did notch a win in the overseas territory of american samoa. the problem with the bloomberg campaign is that they made a bunch of big bets that didn't play out. they bet that the biden campaign was toast. that didn't turn out to be true, particularly after south carolina. they bet that they would be able to position themselves as the one democrat to beat donald trump. democrats never really coalesced around michael bloomberg as someone that they could love and push forward to fight against donald trump. and he bet that he could win the election on paid media instead of earned media, meeting with viewers, they thought blanketing the airwaves they could get support. the last big bet is a brokered convention, that is possible but becoming more unlikely what role mike bloomberg would play in a

brokered convention if it's between joe biden and bernie sanders as we head to the convention later this summer. mike bloomberg flew back to new york after rallies in florida last night. if you can find some interesting insights from a twitter thread from his campaign manager over the last 100 days building a giant national machine that can defeat donald trump. i think that could say a lot about perhaps next for mike bloomberg if he decides to drop out. he said he would use this giant organization for the rest of the year, all the folks he fired in 50 states including american samoa where that worked out that they would keep them through the rest of the year, through the election. they would k efforts to joe bid? that's a big thing to look for. >> joe biden's momentum, joementum, it started with clyburn's endorsement and major win in south carolina. how much is this going to propel him forward continuing to play out with the primary races? >> what an incredible would he can in politics for joe biden. he had an incredible three days.

a big thing you can never forget about the importance of politics, primary politics, is the importance of momentum and joe biden has it now. he was counted out for dead, but the jim clyburn endorsement happens, he sweeps to a victory in south carolina, gets a bunch of endorsements from key rivals and sweeps ahead of the delegate count on super tuesday. definitely the momentum is behind him. he is the candidate to beat now. we will see how bernie sanders responds to that. >> let me ask you this real quick, nick, after last night's results where does bernie sanders turn to to build some enthusiasm, try to change the dynamic and blunt the momentum that joe biden has, where does bernie sanders pick it up? >> absolutely. don't count bernie sanders out yet. i feel bad we're mentioning him third today. he still is a strong contender, polling well in states, running close to joe biden in delegates and has a ton of enthusiasm. able to get money of backers.

he still dominates the field in how people are enthusiastic and engaging with his message on the internet. certainly not someone to be counted out yet. look for florida, ohio, illinois, michigan, big states coming up. >> thanks, nick. we will be reading axios a.m. in just a little bit. sign up for the newsletter at signup.axios.com. that does it for us, i'm yasmin vossoughian alongside ayman mohyeldin. "morning joe" starts right now. i can think of no one with the integrity, no one more committed to the fundamental principles that make this country what it is that my good friend, my late wife's great friend, joe biden.