actually didn't know what to do because they don't have the money to pay a bus ride back to the circuit city where they originally came from so this is the situation for the people here and this is basically a consequence of all the political developments we have seen in recent days. thank you so much. in turkey. international olympic committee president says he'll stay he's still confident that the tokyo games will be a success despite concerns that the coronavirus could disrupt the event which is scheduled for july. olympics minister says the country could postpone the event until the end of the year. if the i.o.c. the right to cancel the games if they are not held this year but that the contract could be interpreted as allowing postponement just to spite the uncertainty the i.o.c. president says it's business as usual. the organizing. the whole. world. they should. remain. with. these. 2020 i would like to reach. reparation for the. great. form steam. and just reminder the top story we're following for you here today on the news in the race u.s. race for the democratic presidential nomina

actually didn't know what to do because they don't have the money to pay a bus ride back to the circuit city where they originally came from so this is the situation for the people here and this is basically a consequence of all the political developments we have seen in recent days. thank you so much. there in turkey. now the corona virus has the world firmly in its grip china is reporting a decrease however in the number of new cases for the 3rd day in a row the death toll in the country however has. is now nearing 3000 in other developments italy's death toll has jumped by almost 50 percent to 79 chile and argentina have reported their 1st cases of 19 and australia's largest supermarket chain has introduced rationing of toilet paper after panic buying hit stores in recent days. meanwhile in hong kong all the coronavirus has forced people to either sell or work from home on instructions of their employers we look at one family dealing with confinement at home. so we have some rice talk about forebears at rice dirt or is ready for a possible walk down water you know very social you know the

they transitioned the company completely from the old circuit citys and radio shacks to lowes and walgreensey're on a strict rent basis i added to agree again i also added to crown castle it's been a long time since this stock sold with an over 4% yield. with my 5g this fits perfectly in it. this is going to be a huge stock. there was no reason for it to decline with rates where they are. expect to see it pick up again. >> joe, to you john in california bought a small amount of exxon at 81.57 he said would it make sense to match the quantity to lower my average cost >> no, not in the energy market. i would not do that. as i said, the opportunities with going to be on the credit side i'm not adding to energy at all. if oil is telling you anything, it's that that is going to be the contagion spot going forward. that can't be solved by the del se ferarerve or administration. >> we'll take a quick break and be back straight ahead (vo) quickbooks salutes the grit and determination of those who work for themselves. they're the backbone of our economy. and in these challenging times, they're adapt

try to get support decide we will ignore the city council so smith is taken before the city court with the circuit court judge it but they find a loophole and he grabs joseph for his freedom. the story is not even over after that. that summer the missouri governor come you can imagine how frustrated officials must be by this point. we will try this again so they send another requisition order to remove joseph to missouri he goes into hiding the arresting officer poses as a woman missionary knocks on the door were joseph and emma are trying to have a quiet vacation arrest joseph smith and are going to missouri the mormon prophet seemed to be out of luck finally. but an aspiring politician a lawyer nearby says i am running for the new congressional district maybe this is my chance to earn the mormon vote so he gathers together the county sheriff and these officials arrest the arresting officers for false imprisonment and as you can imagine they say what the heck is going on so while they tried to figure out what to do the nauvoo intercepts the group and marches them back to nauvoo with a receiver mi

absolute power to give or not give and if the president wants to not give to sanctuary cities, the second circuit but that the circuits will have to bring this case, this case will have to be argued before the united states. pete: but the idea that why can't the federal government withhold money from places that are putting federal agents at risk, when you don't honor an i.c.e. detainer someone has to track somebody down often a criminal. that puts federal agents at risk , why not withhold that money? geraldo: well, you know, that's a political decision that i happen to oppose. you are in favor of it. the supreme court has to rule on the legality of it ultimately but on the issue itself, i know because i know i.c.e. agents and i know people in border patrol and people in homeland security and homeland security investigations the elite investigators who do like the cartel investigations take down the big guys, they now have been drafted into this effort to flood the sanctuary cities and arrest as many undocumented immigrants as they possibly can. i oppose that. pete: because they won't cooperate.

those city council things and try to free joseph smith so joseph smith is taken before the city court, one circuit court judge, nathaniel pope find a loophole and grants joseph smith his freedom and joseph smith is once again free, has offered illinois law that protects them. the story is not even over after that. that summer the missouri governor. imagine how frustrated missouri officials must be by this point. they go all right, we will try this again, the missouri governor signed another requisition order, the only governor signed another order to remove joseph smith from missouri, this time he goes into hiding once again, arresting officer pose as mormon missionaries, knock on the door of joseph smith's in-laws family where they are trying to have a quiet vacation, arrest joseph smith and are marching to missouri with joseph smith in their custody, the mormon prophet seems to be out of luck finally but an aspiring politician, a lawyer nearby goes i am running for the new congressional seat this fall, i am a wig, the mormons had the support of the democrats, maybe this is my chance to garner th

it was historic in the fact we saw these circuit breakers kick in at the new york city stock exchangeay within four minutes of trading because the selling was exacerbating to a level that was quite scary, frankly. the circuit breakers kicked in, halted trading, cooler heads prevailed. as the day went forward we stayed low to be sure but didn't accelerate too much further past that lower 7% that is where we ended. we are seeing a slight rebound of 2.5% or so. that's better than what we saw yesterday but we're already off some of the highs of the session and we're already off some of the hopeful levels the future market was indicating before the opening bell sounded. president trump suggested yesterday perhaps they were in the process of revealing details of a tax relief, a fiscal stimulus to help prop up the economy. it seems as if they walked that back, that they're not quite ready to give us one of those tax packages. it may be in the works but we don't have the details. perhaps that's some of the reason we've given up at least some of the highs of the session. oil prices are rebound

coronavirus crisis has hit the economy here it has it's the day started out with the circuit breakers being engaged at the new york city stock exchange stopping trading for 15 minutes it was so bad the markets stabilized a little bit but it was pretty much negative 9 percent on both the dow the s. and p. for pretty much the entire mid part to early afternoon which is sort of the new normal and then it just cratered at the end of the day things got so bad that earlier today there were some rumors or some talks about perked up perhaps shutting the new york stock exchange it forced stacey cunningham the president of the new york stock exchange to come out and say closing the markets would not change the underlying causes of the market decline and would remove transparency this would only further compound the current market anxiety so things are quite bad here on wall street 2 things going on here number one the market is looking for some sort of assurances that this coronavirus pandemic will end soon that's not happening if anything we just heard from the president there that it could go through the summer so that's not h

cities, each states? >> well, we got a significant win in the second circuit just last week.to give these jurisdictions hundreds of millions of dollars every year only for them to snub their nose at us and not cooperate with us. the point of that money is to cooperate together so that we can utilize all of our authorities to keep our communities safe. lou: mattal benz, we thank you for boeing exactly that and all of the agents at immigration and custom enforcement. thank you so much. >> thank you, lou. lou: thanks for being with us tonight. good night from new york. ♪ cheryl: it is 5:00 a.m. here are your top stories at this hour. it is super tuesday, voters heading to the polls today to cast their ballots in what could decide the democratic nominee for president. joe biden getting last minute big endorsement as mike bloomberg has his first chance at the ballot box. could bloomberg spoil it for biden or will bernie's surge continue to divide the party. lauren: georgia is reporting their first case of the coronavirus. the g-7 will make a response in a couple hours from now. th

cities, each states? >> well, we got a significant win in the second circuit just last week.it's unconscionable to give these jurisdictions hundreds of millions of dollars every year only for them to snub their nose at us and not cooperate with us. the point of that money is to cooperate together so that we can utilize all of our authorities to keep our communities safe. lou: mattal benz, we thank you for boeing exactly that and all of the agents at immigration and custom enforcement. thank you so much. >> thank you, lou. lou: thanks for being with us tonight. good night from new york. ♪ ♪ trish: all right. joe biden may have taken south carolina, but tonight we are roughly 30 hours away from a socialist possibly capturing super tuesday and thus, quite possibly, being on his way to the democratic nomination. good evening, i am trish regan. even though the democrats are desperately trying to stop him, comrade bernie is well on his way to being the most anti-american democrat nominee e in the history of this country, and if he were to ever win the presidency, i'll tell you, it'

rough morning right off the start as those circuit breakers popped right in at the 7% mark right off the open. let's take you out to the big board in new york city this morning where the dow industrials are down 9%, the s&p 500 down 9% as well. trading has halted just for a minute or two into the trading day. as the s&p 500 fell that 7% that triggered that pause in trading, circuit breakers put into place after the crash of 1987 to give traders a moment to pause and catch their breath and digest the sudden unexpected news. so they're not really serving their purpose, the circuit breakers, if they kick in right after the opening bell. traders understood what was happening as the bell rang, they didn't need a circuit breaker to give them a pause, they had all weekend to think about what was happening, so in this case the circuit breakers are not functioning the way we had hoped. some of you asked if maybe we should shut down wall street. yes, we could do that. we did it after 9/11 after we thought the nyse might be a target for terrorists. it's certainly something that is being discussed. but for now, wall street is open. and markets, laura, we're

more than 2 months in lockdown people are allowed to enter the city bus hits 11000000 residents a barred from leaving until next month circuit reports. life in here by province is returning slowly to normal more cars are back on the streets police are on patrol but it's health checks not traffic fines being issued. i'm here to pick up my 2 children and we are going to see one program the 2 children have been in who wins the traffic is very small china has announced a temporary ban on all foreign visitors starting this weekend even those with visas or residence permits will be denied entry only diplomats and flight crew will be exempt chinese and foreign airlines will be limited to one flight a week because of fears of importing a 2nd wave of the virus from a brought up to 65 days in lockdown for its 11000000 residents the city of hand has downgraded its signal to low risk traffic can now into but no one's allowed to leave the city until april the 8th government workers a sterilising train stations preparing for the arrival of the 1st inbound trains. a long time no see what i've been discriminated against because i'm for a ne

city stock exchange. this happened about 9:34 eastern time, about four minutes after stocks opened. there was a circuit breaker triggered. they were put into place in february of 2013 and this is the first time they have been used in this form. circuit breaker kicks in to keep the losses from accelerating. this is all happening as the narrative of the careful careful continues to evolve as the virus spreads around the world, here in the united states, there is major concern that this will put a big dampening effect on economic growth it people are sick or afraid they're going to get sick, they're not going to work, not going to school. some are asking people not to come to work from home, to do online learning. that could have a material impact in economic growth around the world. that was already dampening markets and things like oil prices because if you have a growing economy you're using oil. as the oil prices started to fall, you have major oil producers around the world trying to figure out what they can do to protect their shares. saudi arabia over the weekend said, you know what, we're going to

the various municipalities cities and so on also still have a say in the matter if emergency powers were to be given to the central government all of that would be short circuited things would happen a lot more quickly the german central government would have a lot more power over the federal states and and their organs of state of a federal police for instance in the various states there's also a possibility then of deploying the german army inside the country to fulfill police roles if it should turn out that there's not enough policemen to control the effects so to god for instance hospitals things like that and how germany's hospitals and health systems cope and at the moment. well at the moment one has to say that this big wave is big wave of severely sick people that need to be treated in intensive care or that even need to go into a breathing operators that has not yet arrived in a future wave in german hospitals they're still preparing for that case but in fact all the measures that are being taken at the moment are intended to slow down those number of severely ill people getting into hospitals because that's really where the bottleneck is that's where

. >> i live in a new york city apartment, i can say, i will put holes on these floors. david: you doing a lot of walking in small circuits. david: a great attitude, you are in politics, will you have -- will well enough to campaign? the election in november? >> well, doctors orders is, stay put, stay home until they will retest me on the third, if it comes back negative they will retest on fifth. if it comes back negative, i am a free man, reality circumstance i am a free man, but i don't know if i could have a reoccurring. we'll be a lot -- there will be more caution through out remain remainder of the election cycle, i don't know there will be a lot of traditional campaigning. david: and you are a conservative republican, but, i bit you like a lot of conservative republicans were cheering on governor cuom ku cuo slapping down mayor de blasio's call for shelter in place. >> base day of hig high -- bhefy of my life. >> cuomo and newsom have praised president of united states, this is at an odds to us, we have to condicondemn -- this is not a republican or democrat issue this is american issue, guys like mayor de blasio a

to the face for the new york city stock exchange quite frankly what we saw was right when the markets opened at 9 30 am eastern time here it immediately triggered the circuit breaker that stopped trading for 15 minutes because the s. and p. $500.00 dropped to above 7 percent drop to 9 percent once it hits a negative 7 percent drop immediately they stop trading here so that was quite an abrupt morning to start this off this is the 3rd time. in the past week that the circuit breaker has been initiated that stops trading on the floor of the new york stock exchange really unprecedented and it just shows how this is really extending here now the market has bounced back a little bit from its session lows but it's still about negative 6 negative 7 on the dow losing says 67 percent s. and p. about the same source order settling into what is really at least on this trading day the new reality where shoots way down it continues its downward spiral then comes back up a little bit but it's going to be an absolutely horrendous day here on wall street without a doubt. this is the worst day for the dow and s. and p. $500.00 the worst month i should say since 1987 so the

city foster care. we'll watch for 2,521. that's your first circuit breaker. at 2490, it will be halted at the open >> yeah. remember, we had that weird short squeeze in the last hour you knew that had to be wiped out. people were able to get there for the prices i would be in no hurry one thing i tweeted this morning is if it goes down to the limit every single day, we'll -- by friday, we don't have to worry about much i'm being a little facetious take into account there are people who need their money and they are not getting their money and saying i -- i think this is the level where i want to take a big swing at general mills, which reports this week. i need my money, i don't care. they're using the s&p. because it's s&p, they will create values because not all stocks are created equal we got 60% of the money that's in index so when you blow out index, you're blowing out companies that shouldn't be sold >> it's a dynamic we have talked about for years. wondering when that reckoning would come we're in the thick of it now >> right let's say verizon is -- we

circuit breakers work. i had discussions with all the regulators the markets are working orderly. no i herd rard rumors yesterday abt new york city closing down, markets closing down, quite the opposite we intend to do everything we can to keep markets open now, i have heard yesterday -- i heard there were issues in off the run treasuries and liquidity, we're working on that i've heard there's issues in the cp market, we're working on that we have 100 things on our list as soon as we get done with the speaker on this bill, we'll go back for more things as i said, the president wants a still plus pamulus package. we'll do what we need to do to support hard working americans who are impacted by this there's no question, there's a short-term economic issue, but we will get through this and the economy will be stronger than ever when we get through this >> understood, but the economy -- regardless of what you may say -- is kind of shutting down. corporate america seems to have taken the lead here, when you look at the nba, nhl, baseball, disneyland is closed, things are shutting down, aren't they >> they are. corporate america is res

there is a comment from the new york city mayor that he may issue a shelter in place order and what all of that means i want to bring up the circuit breakers first, to point out the level 1 halt, 7%, that no longer applies here. we have to go down 13 fact until 325, and then no halt, 20% the rest of the day. and the shelter in place would probably not apply to the new york stock exchange. i'm trying to get clarification on that, but that's any impression right now back to you. >> bob, thank you very much. bob pisani down at the nyse. >> as we mentioned, oil is in free fall as well as equities, collapsing now towards $20 a barrel if it's not just pierced that already. let's check in with brian sullivan for more. hi, brian. >> reporter: hey, tyler. i don't know what you're doing in the year 2003, but it's kind of a time machine, because what you were doing, well, oil is the same price now as it was then. that's how far we have come. price of oil continues to fall global demand falling off a cliff. global supply continues to go up the saudis have actually indicated they could go to 13 million barrels a day if they wanted to. now, wha

circuit breaker. we would pause for about 15 minutes. as the headlines over the weekend have come fast and furious. let's get the opening bell [ bell rings ] at the big board, it is citi celebrating citi women and international women's day, which was yesterday. at the nasdaq, market access electronic trading platform for fixed income securities. so -- >> unchartered territory we wait for all of the s&p to open, we see if we're down more than 7%. then we'll have a 15-minute pause. >> i think i've always felt that those things in itself, while certainly created a time of where things were not able to work, because i remember -- even remembers in '87, the system failed now i feel that, no thank you. we don't want that you have to cleanse it out >> cleanse it. >> what does that mean >> i want the selling to run its course let's get where we have to go. >> still so many questions, jim, it's hard to -- you can adjust for oil prices if you believe they'll be at this level you can adjust for certain things we don't know if there's going to be -- how -- what the impact of the slowdown in business activity is going to be. >> right >> we don't know any answers of the virus. >> n

amongst the circuits where something is legal in one part of the country and not legal in the other, the court has to resolve that dispute. stuart: there is a possibility here that the sanctuary citiesay? >> yes. stuart: good possibility? >> then you will really hear chuck schumer fume. [laughter] stuart: yes indeed. thank you, judge. >>> check zoom, the stock is up now 6%. we started at it was down, wasn't it. lauren: what a turnaround. they put out their earnings last night. tons of bright spots. revenue up 78%. in the past month downloads up 90%. so many good things, yet investors were profit taking this morning. now a sudden turn around as a host of analysts raised their price targets on the stock. i've seen high as 150. since the ipo the stock has doubled. stuart: more cocooning, more businesses say stay home, work from home, more companies get more revenue seems to me. when the stock goes up as much as it has in the last month, what is it 144%? i can't read that. way up. that is a huge gain. got it. markets come back a little. we're down 600 on the dow, 65 on the s&p, 147 on the nasdaq. now, in a moment i will bring that story to you, two young brits hung over on a singapore a