up 8% in south korea getting to europe with karen tso in our london news room. good morning >> reporter: we are strong from the outset this morning. europeans know how to respond. the rally coming quickly on to the boards this morning. if you look at the benchmark, we are only claiming back yesterday's losses look at the individual indices, it has been a struggle to hold on as we have seen pmi's crossed. those numbers have been incredibly weak. trying to climb high to the outset flash number for march 34.5 even worse for france. below 30 for the french market we are in the green but the data is hard to wade through at this point. coming into force, only allowed to go out for essential needs. the market is firmer, this is the first bounce 6.6 up look at where most of the green is spilling on the boards. much beaten up areas of the market yesterday, we are hearing about the suspension of the buybacks basic resources higher than 7.6% food and beverages courtney, back to you. >>> we'll stick with london. uk prime minister boris johnson announcing a virtual lockdown

karen tso joins us from london. what's the latest on wall street this morning? >> good morning. the futures already suggesting it'll be another rough week on wall street. oil prices take us to $21.50. this morning, we slipped below $20 on the trade. $23 handle in brent in session. despite pressure from washington for the saudis to alter the price war with the russians, they are not taking part in any conversations, suggesting what we're seeing in the price action may continue for some time. meanwhile, it's the first of the month coming around, and it's a pinch and a punch when it comes to the invoices, the bills that are coming due. some will delay the rents that are due. don't forget, they can't afford a payment for some of the apartment rentals. also for cafes, as well. it'll be a problem for some soft companies to pay. cheesecake factory, it is a multi-million dollar business, and they're not paying the bills in april. the question is how much bills will be delayed. the stimulus isn't coming soon. it'll take weeks for that to arrive where it is much-needed. if many of the bil

karen tso live in london, thank you.ate it. >>> coming up next, look at axios' one big thing. >>> on "morning joe," with the u.s. under a national state of emergency, the coronavirus pandemic is further impacting public life. local officials around the country announce new measures to reduce the spread, including here in new york city. andrew cuomo and bill de blasio will be our guests. >>> former house intelligence committee council daniel goldman announced he has tested positive for coronavirus. he'll join the conversation via skype to explain why he believes the trump administration is shockingly unprepared to handle the pandemic. "morning joe" moments away. breast cancer on my birthday. i thought, i'm not letting anything take me away from my family without a fight. at cancer treatment centers of america, i had six, seven doctors that work together to take me through this journey. they're not just treating the cancer, they're treating me as a whole person. and that's why i think am where i am today. get care like no

karen tso with the latest for us >> morgan, thank you global equities are not stabilizing.e stocks reaching for lows of 2020 still down 1.7%. more selling in china. australia, a rough session to catch a falling knife is the phrase that comes to mind. the 6.4% ripped off the market level. 4.1% for hong kong looking at the european markets, 4.5% coming off the ftse we have been lower intradau on the european stock market. a stimulus package not helping again. the dax was one of the weakest german stocks sliding 4.6% also talking about nationalizing companies. italian stocks down more than 1% some sectors have been hit harder than others look at that green, telecons and defensive safehaven. investors are looking at the work from home play. we are back to you >>> to the white house now looking for what could be the largest financial aid package ever up to $1.2 trillion in the face of what looks like almost certain recession. looking for direct payments to u.s. citizens of up to $1,000 each this is after err wiarlier aid packages fall short. we'll go now to eamon. >> right we do

. >> cnbc's karen tso live from london.you so much. >>> coming up next, a look at axios' one big thing. >>> on "morning joe," as the u.s. inches closer to a total lockdown over the coronavirus pandemic, california is the first state to order its residents to stay home. >>> the coronavirus patients in new york city accounts for almost 70% of confirmed cases in the state, which is emerging as the epicenter of the outbreak here in the u.s. new york city mayor bill de blasio will be our guest. "morning joe" just moments away. . first with no annual service contracts. first with taxes and fees included. now t-mobile has the first and only nationwide 5g network. reaching over 5,000 cities and towns and over 200 million americans. and t-mobile is not charging extra for 5g access. because this isn't our network... it's yours. and i don't count the wrinkles. but what i do count on is boost high protein. and now, introducing new boost women... with key nutrients to help support thyroid, bone, hair and skin health. all with great tast

karen tso joins us from london >> good morning. what we are seeing across these global equity markets, more moves south. the levels on the index worth noting on the jan these stopanek market take a look at that. more selling in china. big swing south for australia, 6.4% south and 4% off the hong kong all of this talk of stimulus from the white house is not helping global markets look at europe we've taken on weak and still sliding. the ftse 5,039 we could be around closing lows. the dax around 4.9%. in the uk, $350 billion pounds thrown at the system but it is not sticking also talking about nationalizing companies. the stock market down 5.5% italian stocks more contained. looking at the buying, it is concentrating around key sectors. you talk about the key issues staying home from work big telecom and a move to hording. marks and spencer, they are trading high some are in the green. the hard hit areas indo teches are talking about holding on to cash reserves. it will make a decision later about the four-year 2019 dividend this he