so lauren simonetti is tracking things from the newsroom in new york. lauren? reporter: completely electronic today, connell. blake brought up, when do we go back? from coast to coast 100 million americans are stuck at home. they are under some sort of self-isolation order from the state. that means the economies in those areas are essentially shut down. the dow fell 582 points, off the lows of the session, down nearly 1000, because investors are looking at this, saying what kind of activity is out there? we got really dire predictions on how much the economy is going to shrink, contract in the second quarter. morgan stanley, by 30%. st. louis fed president james bullard, by 50% as unemployment spikes to 30% this is unheard of predictions right now. come in the fed before the market opened, we saw futures really move to the upside on this. buying whatever they can, doing whatever they can, whether treasurys, mortgage securities, loans for small businesses, money for consumers but it wasn't enough to help. what investors want right now is two things. they want c

now on to lauren simonetti on the market reaction. lauren: despite the stimulus snag in the final moments of trading, melissa, we have the first back-to-back gain for the dow since the coronavirus began. up two days for 17%. towards the end of the day that dwindled to 2%. a lot of traders are i saying is this a near term bottom? i think we know the answer we're not out of the woods just yet. we'll get a clear indication how truly bad the economy is tomorrow morning an hour before the market opens we get jobless claims. the expectation for this number to hit a record high, anywhere from 860,000 people to four million people putting in claims for unemployment as they deal with layoffs because of the coronavirus. that number will move the market tomorrow. it will certainly get the algorithms very active. the dowing strong performance today up over 2%. a lot of strength came from boeing. three days now of double-digit gains, 24% today. hey, the 737 max it has been grounded for a year now. they hope to get that certified to fly again maybe

with fox business team coverage, we have lauren simonetti following volatile markets this afternoon. edward lawrence with the latest white house news. hillary vaughn on capitol hill. we start with you, hillary. reporter: house speaker nancy pelosi says she basically had to do jujitsu to shape the senate bill into something her members could stomach. she spent the past few days while the bill was delayed in the senate pushing to make the focus workers first instead of corporations first but house minority leader kevin mccarthy is criticizing pelosi for this delay saying while this bill was held up in the senate for several days while they were back channeling to pelosi, trying to work out a deal with the white house, several, hundreds of people around the country were wondering when they would get much-needed relief and some of the relief is in the form of cash paid directly to americans who need it most. anyone making under $75,000 get as one-time payment of $1200. for couples making less than one 50,000, they get $2400 in a payment. americans waiting for money still have to wait on

lauren simonetti has been taking a closer look. she joins me now. lauren?auren: we needed a good day all around, cheryl. tesla ceo elon musk bought 1000 ventilators from china and delivered to the state of california and hospitals there. they're working to make more breathing machines closing down factories. fiat chrysler working to make million masks a month. hp is 3d printing face masks, nasal swabs and hands-free door openers. they delivered 1000 already. more on the way. stores from walgreens, walmart, costco, dedicated special early shopping hours for senior citizens to get supplies and items they need. mondelez, they make oreo cookies that is what i'm doing now, they're paying workers, two dollars more each hour and giving workers bonuses of $125 a week. white house is asking companies to step up and pitch in and they are. this is what the president trump tweets, the production act is in full force but haven't had to use it because millions of masks are coming as backup to the united states. will the administration today use that defense production ac

lauren simonetti watching the markets. edward lawrence is live in d.c. lawrence, let's kick it off with you? >> i have to say good riddance to the month of march and it was really awful. let me tell you how awful it was, the worst month for talks since the 2018 financial crisis. if we're talking, dow lost, nasdaq lost more than 900 points this month. not one dow winner in the entire month of march. in fact four march, worst one for the dow and s&p 500 since, ready for this, the great dedepression. does it get any better for the first quarter? not really, the dow down 23% in the first quarter of the year. s&p down 19%. nasdaq down 12%. we had a winner in the quarter, just one. out of 30 dow stocks it, was microsoft up barely but in the green. the worst stock for the month, for the quarter on the dow was boeing. this is a stock that saw 330, then $89, settling now at $150 a share. so it was certainly volatile and crazy. this is a month and a quarter where we saw circuit breakers hit saw human traders not on the floor. we saw the bottom of the market in quo

lauren simonetti has got that. she is working from home. lauren, what do you have in.cheryl. we're looking lululemon and gamestop, how has coronavirus impacted them? we'll see two interesting takes. for gamestop they had a horrible holiday quarter. they decided to stay hope while other stores were closing and they kept other stores were open, to fulfill online orders and pick them up curbside deliveries. we'll see if it helped sales. lululemon, people are staying at home wearing yoga pants that could be good for the company. stores are open in china even though closed in north america and europe. we'll see what lululemon says. cheryl. cheryl: lauren, thank you very much. lauren: could be next shoe to drop after jobless claims. earnings. cheryl: thank you very much. the dow up for the third day in a row. investors cheering the stimulus plan. today's countdown closer says if the covid-19 cure is out there for your portfolio, he has ideas. we call him the $2.6 billion man, ernesto ramos. good to have you when you have all the volatility, ernesto. what do you make of the v

let's bring in lauren simonetti. she's in the newsroom. is not the only company that's really trying to lend a hand right now. lauren: absolutely not. elon musk says about 1200 ventilators will be ready this week. they have already sent out tens of thousands of masks over the weekend. facebook donating masks as well. 720,000 of them that were left over from the mark zuckerberg is working on sourcing millions more. apple is donating two million industrial masks. major respirator maker 3m has increased production to 100 million a month with 90% of those masks going to health care workers on the front lines. honeywell are adding a production line with at least 500 workers to make more masks. meanwhile, the federal government, ibm, alphabet, microsoft, are giving researchers access to supercomputers to speed up a cure for coronavirus. liquor companies pitching in here. anheuser busch inbev making eight ounce bottles of hand sanitizer with 80% alcohol. diagio donating enough booze to make more than eight million bottles of hand sanitizer. we are

lauren simonetti with with those details now. lauren. be safe. here is mel brook's son. >> i'm max brooks 47 year old, this is any dad mel brooks. hi dad. 93. if i get the coronavirus i'll probably be okay but if i give it to him he could give it to cal and dick van dyke and before i know it wiped out a whole generation of comedic legends. >> that wasny he's 97 dick van dyke 94 drive message if you're a millennial and young you might be po okay and feel okay but older person would not be. matthew mcconaughey sending message that we might feel isolated but we really need to work together. listen to this one. >> we're all more dependent on each other than we ever have been. we have an enemy in coronavirus that is faceless. that is raceless, sex lest nondenominational and bipartisan. >> altogether in this. using their select magic to helps us feel a little bit more connected. maria. maria: i love positive vibes lauren thank you. stay is with us we'll be right back. give me your hand! i can save you... lots of money with liberty mutual! we c

i'm lauren simonetti. cheryl: yeah, lauren, hey, good morning to you.t has been a volatile week, a crazy week for investors. governing, everyone, -- govern,d morning, everyone, i'm cheryl casone. it could be limit up today in the futures market, the sips close to that level, 2534 is the level. watch for that number. all the averages are down for the week but right now the dow is up 824 points in the session, s&p up 104 and change, nasdaq is up 355 points. lauren: i will take it. let's take a look at commodities this morning. oil prices, $26.78 a barrel, a gain of 6.2%. gold up 2% at 1508 an ounce. cheryl: we have seen historic moves in the 10 year treasury, in the bond market in general. take a look at this. we are down 11 basis points, the yield is 1.048%. that's actually a good thing for a lot of bond investors out there. lauren: major bounceback in asia, if you take a look at the kospi, sold off yesterday, up 7 and-a-half percent overnight. the chinese market up 1.6%. the nikkei closed for a holiday. cheryl: over in europe, the markets had a snapback

lauren simonetti, what have you got? ike investors are confident that the house will pass this relief package because the jobless claim report that we got before the market opened this morning was terrible, 3.28 million people filed for unemployment benefits last week. take is t that is the most by far we have ever seen and might actually be worse than that, because as all these people recently laid off flooded the websites and phone lines of state unemployment offices, a lot of them didn't get through because the offices were so overwhelmed. here in new jersey where i am, they saw a spike last week of 1500% and a similar story in states like pennsylvania, nebraska, ohio, florida, you name it. there is a silver lining in this, and that is the fact that the unemployment rate had been so low that the federal grant that funds these state unemployment offices, they didn't have a lot of money because they didn't need it. well, now they do so a lot of these offices will be hiring workers. you can expect the numbers to continue

i'm lauren simonetti. cheryl: and good morning, lauren. hello, everybody. i'm cheryl casone.auren: let's take a look at how your money is moving. take a look at this, after plummeting overnight, u.s. futures are now higher and decisively so, dow climbing 90 points, s&p up 7, nasdaq up 100. we have seen the s&p move up or down at least 4%, huge volatility the past eight days. the dow will open today under 20,000 for the first time in three years. cheryl: after those huge losses yesterday that we experienced, let's take a look at oil that has been flirting with the $20 level. we're at 23, 44, a gain of 15% on oil. also a gain of more than a quarter percent on gold, 1483. lauren: take a look at the yield on the 10 year treasury, it is down 1.7 basis points this morning, at 1.168%. cheryl: stocks in a asia continue to react to the continued spread of the pandemic, more than 81,000 cases in china, 3200 deaths there. red arrows across the board following that u.s. market selloff that we had yesterday and as you can see, the biggest loss right now, south korea's kospi down more than

i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. ng at luckily a little bit of a snapback. lauren: everyone can breathe a sigh of relief. look at the markets, dow is up 558 points, s&p is up 69, nasdaq up 233. just for perspective, the dow saw the biggest selloff yesterday since the crash of 1987 around th1987 and the nasde biggest selloff since the dot-com crash 20 years ago. cheryl: the nasdaq is up 217. we will take. oil and gold, interesting story. oil is still up, up almost 4% right now. gold is actually down just slightly. remember, gold has been that safety play. lauren: stocks in asia taking a cue from wall street. cheryl: plunging before recovering some of the earlier losses. nikkei fell to the lowest level in more than three years. lauren: let's see the reaction in europe where stocks have opened a few hours ago and the ftse is down, it's down by 9% this morning. the cac is higher by over 1%, the german market is up too. the ecb green-lighted stimulus measures but left interest rates unchanged. cheryl: let's take a look at

i'm lauren simonetti. cheryl: a super welcome to all of you on this super tuesday. ning, i'm cheryl casone. lauren: it is a good super tuesday. let's take a look at how your money is moving, we had the biggest point gains for the dow, nasdaq and s&p yesterday. this morning, dow up 324, s&p up 34, nasdaq surging 118 points. cheryl: talk of rate cuts and stimulus looking at the 10 year right now, this could have a big effect on the 10 year treasury, bond prices, as you can see. the yield is slightly lower. we are 1.16%, we did see record lows on the 10 year. lauren: the price of oil is trading at $48.30 a barrel, that's up 3.3%. gold is actually higher today by $3 at 1598 an ounce. cheryl: in asia, stocks were mixed at the close. you did see pressure in japan, will the bank of japan intervene as they deal with coronavirus issues there, the nikkei down almost 1 and a quarter percent. there were green arrows in asian markets overnight. lauren: green in europe too, hope for stimulus affecting markets there, nearly 4% gain for the ftse in england. cheryl: we'll see what th

lauren simonetti following markets in the newsroom. blake burman at white house, hillary vaughn on capitol hill, and edward lawrence with more reporting from washington as well. lauren, on this 2,000 point gain today we start with you. lauren: biggest point gain the dow has ever seen. rallied into the final hour of trading. what caused this? is this fact that donald trump wants to open the economy up by easter? is it fact the senate is awfully close to spending a two trillion dollar stimulus or both? the dow up 11.25%. the s&p and nasdaq up 208 and 557 points respectively. each had the second biggest point gains in history. a lot of investors today are saying this is the birth of a new bull market? have we hit bottom or is this just a temporary bounce? look, nobody knows the answer, but credit suisse looking at the broader market, they see by the end of the year, s&p 2700, which is a 21% gain from yesterday's close. take that with a grain of salt. the big tech stocks we like to follow many of them left the trillion dollar club. apple ba

lauren: welcome a manic monday indeed i'm lauren simonetti. cheryl: a lot to get to good morning i'm cheryl casone. lauren: take a look at how your money is moving moving this mors of now dow jones industrial average dropping at the open that is a decline almost 5%. the s&p set to drop 14 a 5 points nasdaq down 410. all three major averages down 4.9% this morning. reminder, last week the markets finished in the green. cheryl: let's take a look at what caused selloff this morning that is the oil story we told you about that at the top of the show this fight between saudi and russians oil is down 21% right now. and one point wti what you're looking at a was down 31 and co coalition and saudi slashed oil prices here they are. lauren: been a rally in bond market pushing yielding on tenure treasury down record lows. it did hit 0.3 in change but right now tenure yield at 0.51 this morning. cheryl: virus slowed down in china a. new cases oil study front and center this oil story four asian markets as you can see it was a gloablg market selloff that be

good morning, i'm lauren simonetti. cheryl: i'm cheryl casone. ying to lift higher but no luck so far. lauren: monday, th -- the dow s down 335 points in the premarket, nasdaq is down 120. yesterday the nasdaq had the biggest point gain ever. cheryl: the oil price war continues after yesterday's 10% rebound. oil is under pressure now. the contract is down 1.31%. we shall see, though, if the russians come back to the table. lauren: and we see how nervous investors are by looking at the yield on the 10 year treasury, it is down 7 basis points this morning. cheryl: adidas will lose more than a billion in greater china sales due to the coronavirus. we're watching headlines. there were red arrows despite u.s. markets gaining. japan and south korea the two hardest hit markets there. lauren: we're watching stimulus responses from governments, in london the bank of england cut interest rates, the ftse is up one and a third percent this morning. the cac is up two and a quarter percent. the german dax up 2% this morning. cheryl: amid th the coronavirus cris

lauren: i'm lauren simonetti and we have green -- i'm free.heryl: how your money is moving because it might be time to get back on the bull. dow futures jumping more than 212 points right now. we were up over 500 points overis night despite a second death here in the u.s. from the coronavirus right right now dowp and now 17 nasdaq up 73 and a half right now all three indices trying to recover from worst week from the financial crisis. lauren: there's hope for coordinated central bank action to mitigate financial impact and take a look at this pushing tenure treasury yield down to . % and it did hit a record low of .1.3 earlier. cheryl: worries below 50 this week and look at oil below 50 but we're excuse me still below 50 but gaining about 79 cents right now 4555 on oil interesting here gases prices are down and safety gold play still in play. look at that gold is up 3% that's interesting. lauren: we have a lot of news out of asia china manufacturing afnght because of the coronavirus hit a record low the shanghai composite up still 3.1% bank of

i'm lauren simonetti. cheryl: i'm cheryl casone.s you can tell, our show looks a little different this morning. fox business is practicing social distancing during the coronavirus outbreak, just like all of you are, hopefully at home this morning. lauren: the show must go on. we have a packed hour for you, lots of information to get to you so let's get to it and take a look at how your money is moving this morning. the good news is, futures are up about 1% across the board, 200 points on the dow, this comes after the biggest drops we've ever seen. the dow will open today at the lowest level since 2017. cheryl: markets plummeting yesterday, the worst losses since 1987, the market really closing at the close after the president indicated this crisis could last until july or august. there are the closing numbers from yesterday. the dow lost 2,997 points, almost 13%, s&p down 324 and change, loss of almost 12%, nasdaq losing 970 points, the worst loss for the nasdaq in reported history. lauren: nervous investors buy bonds, the yield on

want to bring in lauren simonetti. you can keep the bug up if you want but lauren is a pretty girl.hat's going on? lauren: keep it up. i want to talk about tesla. the news is not bad. yes, they got a downgrade, couple price target cuts but we are talking coronavirus. are people going to buy electric cars if they aren't sure they have a job? they said they will deliver 20% fewer vehicles but elon musk is willing to produce ventilators. he bought a thousand of them from china to deliver to california. he says if there is shortage, both tesla and spacex can make them. he is talking to medtronic to do so. governor cuomo at his briefing, dire warning, needs ventilators. ford is exploring how to make medical devices in the plant in michigan. ceo loved the quote from jim hackett, we empowered our team of engineers to be scrappy and creative to get the equipment we need. that is the spirit of america, getting scrappy and creative to make sure every is safe and treated for the coronavirus. cheryl: dow hitting highs as you were joining me. 20682, excuse me, 20,682, we're looking at numbers ju

i'm lauren simonetti.'s take a look at how your money is moving this morning after the dow experienced the biggest point drop yesterday. all three indexes closing in correction territory. the dow is up 877 points in the premarket, s&p up 103 points, looking to a gain of almost 4%. nasdaq pointing to a gain of 4%, up 325. the president suggested relief. it's on the way for american workers. investors like it. lauren: let's check the price of oil. oil is up 5%, $32.68 a barrel. cheryl: the yield on the 10 year treasury taking a look at this is at 0.687%. the 10 year his an all-time low red of 0.318%, the yield did. lauren: in asia, china's president xi-jinping visiting wuhan for the first time since the outbreak started in that city. that sends a message. asian equities up across the board. the shanghai composite gaining almost 2%, hang seng up one and-a-half. cheryl: europe is in recovery mode this morning. northern italy is on lockdown, 7,375 cases in italy. we are seeing relief in france and in germany, a

lauren: good morning, i'm lauren simonetti. cheryl: all right.et's take a look at how your money is moving this morning, after the dow fell at the close last night, concluding what has been an incredible 11-year bull market run. right now, the dow is down 1,194, a loss of more than 5%, s&p is down 132, nasdaq down 383 in the premarket. all three averages in bear market territory. investors worry about a global recession. lauren: they're waiting to hear details from the president's package. oil is down 5% at $31.33 a barrel this morning. cheryl: the yield on the 10 year treasury falling on recession fears. it is actually fallen -- it is a loss of 12.9 basis points. lauren: sea of red in asia, the jab niece market joining many other markets in bear market territory, down 4 and-a-half percent overnight. the hang seng and kospi down nearly 4%. cheryl: italy has closed all stores nationwide except for food markets and pharmacies. right now, red across the board, most of those markets down between 6 and 7%. lauren: governments are taking drastic measur

lauren: good morning, i'm lauren simonetti.heryl: let's take a look at how your money is moving this morning after markets jumped 5% yesterday after promises of stimulus from steven mnuchin and the president. we had been limit down overnight at one point. u.s. futures are in theory going to be limit down again before we open today. dow is down almost 4%, 821 in the premarket, s&p is down 92 points, 3.69%, nasdaq is down almost 4 and-a-half percent. lauren: the 10 year treasury yield moved up 36 basis points yesterday, it's up another 11 right now, 1.192% because there is to much government supply at the moment. cheryl: we're looking at oil, because we continue to see pressure in that market. fears of a global recession, more and more analysts talking about that, that is putting pressure on oil once again, a 2% drop in crude, below 30 bucks, 26, 37. gold, usually a safety play, it's down about 2%. lauren: nervous investors trying to liquidate everything, including gold. asian stocks down across the board, south korea the worst p

down 221 points s&p futures down 81 points right now, the number is better-than-expected to lauren simonettiking number but this is the environment that we are dealing with. inflation, rising one-tenth of 1%, are we aren't expecting any change for inflation, of course, with the drop in oil the precipitous drop this week the march number will be key. but for the month of february, the cpi, hotter than expected the core came in exactly as expected, this x's out volatile prices of food and energy 2/10 one percent as expected no reaction thus far in futures market. maria: we see, the futures down going into it, and we continue to see really the lack of inflation, and that is probably going to be ro pronounced in march futures down 600 plus points lauren simonetti thank you dow futures down 650 that is about 2 1/2% nasdaq futures down 209 s&p futures down 77 points right now gearing up for a roller coaster day on wall street with markets pointing to a sharp sell-off as european central bank president christine lagarde warning of crisis similar to 2008 urging european leaders to ramp-up response t

good morning, i'm lauren simonetti.e a look at how your money is moving this morning after yesterday's surprise rate cut by the fed amid the coronavirus outbreak, also joe biden's super tuesday showing, futures are high e dow up by 531, s&p up by 56 and a quarter, nasdaq up 171 and a quarter. many investors view biden more middle of the road than sanders. lauren: interesting reaction after super tuesday. take a look at the yield on the 10 year treasury, it is still below 1%, 0.942% this morning. cheryl: we saw a flight to safe haven assets like gold yesterday, it was up 3%. right now gold is losing a frac shove -- fraction of a percent. oil is up half a percent. lauren: stocks in asia mostly higher. the kospi gained the most, two and a quarter percent. china put out an awful services sector number, worst month on record. however, the shanghai composite gaining two thirds of one percent. cheryl: in europe, italy's death toll now at 79. there's a 2% gain in london. lauren: we have a worldwide rally this morning. as your s

lauren simonetti, what's your news on ford? ey are making ventilators at a production facility in michigan. they aim to have 50,000 of the breathing machines next month. however, only 1500 of them will come in april, another 12,000 in may. the full 50,000 coming july 4th. so it begins next month which is good news. unfortunately, it's not as many ventilators as states like louisiana and new york really need. stuart: okay. we heard that. we will have their enterprise product line manager, jim brownbeck, from ford on a bit later on today. look at futures as we head towards the opening of the market. we are down but not that much. 70 down for the dow, five for the nasdaq, nine for the s&p. i think, look, let's bring in, we have scott shellady and mike murphy both joining us as the market is about to open. mike, first of all to you, i'm seeing a bit more positive tone on the market. do you see that, too? >> yeah, stuart, i think people are starting to look past this, as we knew they would at some point, but i think right now people

make sure real quick, start your day with me and lauren simonetti weekdays, 5:00 a.m. eastern time on fox business. we will be with you tomorrow morning. right now, liz claman takes things from here. liz: thank you, cheryl, very much. can we see the bulls build on this rally? we are in the final hour of trade. couple big issues here. we warned you two weeks ago that companies would begin cutting or outright suspending shareholder dividends. well, everyone from jpmorgan to hilton has but now word comes that boeing is sharpening the knife to its much-coveted dividend. we will get you the story on that. american airlines breaking out the hatchet to its business. in just the last hour, the carrier announcing it is scrapping flight attendant training classes, reducing international flying by 75%, and cutting its domestic schedule by 30%. that's just for april. the company has plans to reduce it even further in may. as the stock plummets 11% and is now at just $10.35, american is also offering voluntary buyouts to employees. that leads to this question. are we looking at a g

like lie watch withing from home not the gym not work this morning thank you for joining us i'm lauren simonetti. cheryl: let's take a look after feds dramatic move late yesterday. they cut rates, and they agreed to 700 billion in bonds purchases e mostly treasure reis. some of those mortgage back securities we're limitedded down overnooght for the s&p and nasdaq right now dow down and s&p down 128 and half nasdaq is is down 3.59.75 and cannot go below 5% and remember, though, folks dow had biggest one day surge since 2008. this is volatility. lauren: take a look at the ten year treasury how pan pick investors are really down, 7%. cheryl: on fed moves we saw oil go briefly below 30 a barrel overnite right now we're at $30.10. but that's selloff 5% for oil this is the economic had story, is there a global recession on horizon? gold that safety play, we're actually seeing a bump in gold this morning up a quarter of a percent. lauren: stocks in asia dramatically lower overnight sea of red. hang seng and worst perform or down and shanghai down 3..5 a slew of chinese data retail sales down 20% produc

make sure real quick, start your day with me and lauren simonetti weekdays, 5:00 a.m. we will be with you tomorrow morning. right now, liz claman takes things from here. liz: thank you, cheryl, very much. can we see the bulls build on this rally? we are in the final hour of trade. couple big issues here. we warned you two weeks ago that companies would begin cutting or outright suspending shareholder dividends. well, everyone from jpmorgan to hilton has but now word comes that boeing is sharpening the knife to its much-coveted dividend. we will get you the story on that. american airlines breaking out the hatchet to its business. in just the last hour, the carrier announcing it is scrapping flight attendant training classes, reducing international flying by 75%, and cutting its domestic schedule by 30%. that's just for april. the company has plans to reduce it even further in may.

lauren simonetti with more on this. >> looks like it, 35 million kids, 70,000 schools are closed forwo weeks. stuart: 70,000? >> for entire month. maybe for entire school year. new york city, ohio, texas all suggested that their school closures might last through the rest of the year. what happens to summer camp? what happens to graduation? the poor parents, stuart, trying to work from home, they have kids trying to learn from home, you have to share some technology at times. you need a schedule. you can do this at this time. i will do this at this time. very difficult. >> apart from being couped up in our house or apartment, new york city apartment tends to be relatively small, that is a very, very difficult thing. i have children. i have grandchildren. i know how hard that can be. you too, i think. >> it is extremely difficult. it is most difficult for two sets of people. the health care workers, when mom and dad are both nurses and doctors. they're needed right now, who will watch their kids? because the grandparents should not watch the kids right now. and for those who rely on s

lauren simonetti with more on how people are not letting the virus affect their workout. rob.lauren: if you're like me, you're eating more because we're home more. peloton is a ben fish yeahl benf that. they're offering a free 90 day trial. the stock is up about 7% right here, right now. it was up when the market was tanking yesterday. it was up over 12%. here's the deal with peloton. yes, you can get their expensive equipment at home and you can stream their classes that don't necessarily require equipment at home. but oppenheimer says, look, the price point might be the issue for them because their equipment is so expensive. if we're headed towards recession, they may want to reconsider that right now. planet fitness offering 20 minute streamed workouts, yoga studios are doing streaming, seeing a huge spike in people attending virtual classes and social media followings, as we're talking about, after 9/11 there was a take-away, after the financial crisis there was something that lasted. what about the coronavirus crisis, what lasts with us? is it the fact that we do wan

lauren simonetti, what have you got? lauren: private business stepping up. they're working with their franchisees, that is the bulk of their restaurants, to make sure they have liquidity and that might mean deferring some rent payments. another piece of good news, 95% of mcdonald's restaurants in china are back open. the stock is up today. stuart: all right. let's bring in senator todd young, republican from indiana. mr. senator, thanks very much for joining us this morning. i'm sure you've been up all night. i want to ask you this the president says he would love to have the economy back up and running by easter. is that too soon? what do you think? >> the president is setting a stretch goal. i think it is good. offering a measure of hope to the american people. ultimately he will be guided i think but the public health officials counsel. as we heard from one of the public health experts earlier, it is conceivable we could open up business as usual in low-risk areas like rural areas, prior to opening up business as usual in places like new york. so, i'm sur

lauren simonetti now breaks down all of this. there are a lot of closed stores. g apple is shutting every single store outside of china until march 27 president. nike closing all 384 u.s. stores until march 27th same for lululemon, underarmor and others go online if they want something. stores that will not be closing -- will probably see a major uptick in sales that includes the grocery store is and pharmacy now a quick point on those and remember president yesterday said look people are shopping like it's christmas calm down you'll have what you need they actually are closing early some of them because they need to restock the shelves because of all of the of the crowds. wal-mart has a thousands of those 24 hour locations, those are going to stay open but not 24 hours they're going to close for cleaning and for restocking of the shelves. shelves -- as for malls, they're go doing look like ghost towns right american dream in new jersey they have many attractions that attract a lot of people. they are closing through at least the end of march. and as the stores an

lauren simonetti with what parents can do while their children are in the house. david. at least five states are closing schools, ohio, maryland, oregon, new mexico and michigan, plus washington, d.c., seattle, atlanta, san francisco. that means a tenth of all schools and students, about five million students, will be learning from home and most of them will be doing so for at least two weeks. parents need to figure out a lot of things. who's going to care for junior if mom and dad are not working from home. they will also have to make sure that children aren't recongregating in other places because that, too, puts them at risk. while younger americans have proven relatively resistant to coronavirus, the fear is they could spread it to parents and grandparents. the school closures also exposed socioeconomic divides in education in america. districts across the country are working to get technology to students who will need virtual learning and meals. more than 20 million kids are eligible for free or discounted lunch. right here in new york, where the schools have

lauren simonetti in the middle of that. lauren? lauren: i can hardly hear you because it's loud here. there are a lot of people on the roads here in new jersey which is typically a busy shopping spot and people are awaiting an announcement from new jersey governor phil murphy expected three hours from now expected to announce more stringent social distancing policy perhaps along the lines of new york, california, illinois and some other states where you really need to lock down self-isolate and shelter-in-place so people are out and about getting the last minute items they think they need. take a look at the empty parking lot across the highway behind me that is the mall of westfield garden state plaza. they will not even let us in that mall parking lot right now. security, i showed every badge i have, will not let us in. there are restaurants there. i said sir, can people come in and order food and pick it up curbside. he said yes but not now. it's still early. everything is closed. i have never seen that parking lot look like the

come back in again, lauren simonetti. all kinds of news on car companies. what have you got? lauren: the world's biggest automaker, vw, are closing production in europe for two weeks. what the cfo just said really parallels the spread of the coronavirus. he said look, we are talking about visibility for earnings, what we know so far, he said look pretax in the first quarter we will see less than half of what we saw last year. the issue in the first quarter was the coronavirus in china stopping supply. the issue going forward, the second quarter, the current issue is the europe story because of coronavirus. so coronavirus starting in asia, spreading to europe and the u.s. companies are reacting. those are pretty strong words and guidance from the cfo of volkswagen. stuart: that is extraordinary. they are shutting europe down. thank you very much indeed. dr. siegel is with us. on this theme of distance and telemedicine, tell me more about that. >> well, you know, it's changed the way i think about it. previously i was one of the doubters in the group that said wait a minute, i n

lauren simonetti, come in, please. more states have issued a stay-at-home order? lauren: at least eight states saying self-isolate, stay at home. the latest is ohio and louisiana. louisiana goes into effect today. they have 837 cases of coronavirus there, 20 deaths. ohio, that goes into effect tomorrow, 351 infections, three deaths. all businesses in all of these eight states are closed unless they are deemed essential. will we see more states throughout the country issue the same orders in coming days? stuart: you think we will, lauren? lauren: yeah. i think it's going to be nationwide. i think it's going to be nationwide. it foaeels like that's where wee headed. if you want to stop the virus you need to keep people in place. anywhere you turn, you see doctors, politicians, health care workers, stay at home so we can continue to work to make sure that people are safe. it's a life or death situation. stuart: lauren, before we move on, you have two young children. you are at home with them. how is it going? lauren: it's hard. it's hard. my little guy doesn't get it

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lauren simonetti has more.but being ramped up. >> new york city suburb of new rochelle you see the national pa guard there. three of their public schools are closes and closed for two weeks. 6,000 students all of sudden, hey, let's learn remotely. how does that happen in elementary, middle school, high school. you likely have a smartphone and handing in assignments by email anyway? i spoken to school districts across the country. they want to do some sort of questionnaire for parents at home and teachers. what ask your accessibility at home? do you have a laptop? we'll provide a chrome book for instance, if you need. is there wi-fi you can hook up to. as mom and dad is working from home on one computer, are there enough computers for the rest of the kids? this is big question mark for all the schools. for a younger kids, a lot of my friends have been told, throw away school supplies. schools are open, but all new school supplies. they're worried of spreading germs. david: oh, my goodness. >> looking at colleges

back fox business alert the february adp report is out, the estimate was 170,000 jobs, get to lauren simonettiar rea waiting for numbers to cross you are right waiting for february adp private employment in u.s. key number when you look at effects of the coronavirus obviously, company continue to expand don't know what outlook is because of virus 83, 183,000 jobs in the private sector. added in the month of february, that was better than estimate of 170,000 maria again 183,000 we get government take on situation, on friday with the february jobs' report back to you. maria: adp number 183,000 better than estimate of 170,000. we want to look more into this number because we know things are expected to slow down, at some point, but quick month of february not seeing that. >> know that is a somewhat surprising there has been two or three weeks of actually slowdown consumer travel business travel there has been slowdown in united states if you are not seeing it at ail in this february number, might steal a little bit of kansas everybody wondering what next one is what impact. dagen: markers mike to

lauren simonetti has the latest on what this means for students. lauren: yeah, the implications, right. dozens of colleges, we will show you just some of them, are moving their classes online and they are telling their students get out of here, go home to your parents' house, get off of campus. the reaction so far from the students has been mixed. >> i think it's a tough decision for them, obviously, but i mean, if the dangers continue to grow, it might be a necessity at that point. >> it sucks because it's my senior year, but kind of crazy because nobody really knows what's going on. lauren: so what happens to your room and board bill, right, if you're not there and you don't know when you're going back to campus. well, universities including harvard and amherst are pro-rating those fees starting on march 15th. other schools like penn state are not offering refunds for time missed, at least not at this time. of course, the situation is fluid. there's also concerns about graduation ceremonies, big events, big crowds, you plan them ahead of time. but

let's ask lauren simonetti. she is trying to deal with all of that. lauren. lauren: it's called a kind nanny for me right now. all right, more than 7 in 10 schools across the country are closed. maybe for the rest of the school year. okay? millions of parents are sudden home school teachers and maybe remote employees themselves. the upshot is a chaotic juggling act. here are some tips. create a schedule first and foremost. for consistency but also for sharing of technology needed to not only learn but also to download games and movies to keep you occupied. get creative. you can take a virtual field trip. order those subscription boxes. they arrive at your doorstep. tons of activities to do. set household chores. imagine that. above all, you want to set a calm tone in the house. remember, lots of businesses, they are setting up virtual experiences right now. for instance, if your kid takes a music class, that class is probably online now. you're watching ramblin' dan streaming his talents and seeing a big boost in demand. >> we plan on making it better and bet

lower as we are getting this number hitting the tape, more than three million jobless claims lauren simonettithis is the number that investors and americans have been waiting for this shows you the true economic pain maria being felt across the nation more than three million people filing for unemployment claims last week this is highest number we have ever seen, way worse than some of the estimates in fact right near high of the estimates that we saw going from interest as little as one million, to as high as four million, and state of california, we saw one million claims just past week in state of connecticut, you know, 40,000 between friday and last night so numbers from the coast-to-coast in individuals states dropped, 3.28 million people filing for first time unemployment benefits. the question if you are small business or any company and you laid people off, we saw happen last week, are you going to retire those people? if there is a silver lining in all of this it is twofold, number one, the because of the federal relief package, that we are hoping to be signed you get more money, 600

lauren simonetti. to say on march 18th on the next meeting and the fed go all the way to zero, do we go to negative and is that the right lever to pull in a situation like this? you can cut interest rates all you want and that doesn't get someone on a flight to italy? stuart: he did seem to imply that more action is coming. he's i'm -- implying that that will happen. >> not good. stuart: no, it's not good. >> you still have reasonable credit spread. you don't have to have whole trading and it's down. it's down consistent downward pressure but orderly. lauren: in 2008 when the fed was responding, there was panic out there. it was a different type of panic. stuart: i remember it well, mid-september, 2008, awful times, flatout panic, this is not a financial crisis. a slow-moving problem. that's what we've got. >> he mentioned that 50 basis point cut is to help avoid a tightening of financial conditions which is 2008 was and i think it's important to note as well that powell was asked about political press

. >> bob herbold, waiting on february producer price index breaking news get to lauren simonetti has maria, the there was decline, 6/10 of 1% prices that businesses receive for items it was expected to fall but fell much more. .6% if i look at year-over-year number if you x out volatile food and energy category that rose 1.3 -- 1.4% we are expecting 1.7%, so obviously, demand is down and these numbers will look a lot sovieter when we get march numbers these are for february. maria: february ppi down 6/10 of a percent, much -- much worse than we expected, it was expected 1/10 of a percent could you say much worse it is much better if you are if you don't want inflation down 6/10 of a percent very good number no inflation on month-over-month basis. dagen: year-over-year up wholesale 1.3%, 5/10 of one percent below expectations core core ppi up 1.4% below expectations you kind of do want to see a little bit of inflation, here in year-over-year. we still got that we will break we've got a market continues in the -- decline 5% mode not a major reaction at all from that ppi number, we are t

lauren simonetti with details. that is played out across the country? reporter: millions of students are at home this week, this month. >> maybe until the end of the school year. at least 37 states check this map out, they're closing schools, connecticut, new jersey, pennsylvania, ohio, north carolina, alabama, washington, it continues. more than 30 million students affected. let's listen now to new york city mayor bill de blasio. >> remote learning will begin. it has never been attempted by city of new york on this scale. this is going to be a kind of a battlefield training. reporter: battlefield training. widespread distance learning takes different shapes and sizes depending where you live, the age of your child, quite honestly the disposition of the parent. >> i'm used to having my three kids around but i have never attempted, i'm not a homeschool teacher. i'm very hesitant, but deferral going into this with everything i have. reporter: then imagine parents trying to work at home as well. this is how it is going to work, or we think it is going to w

lauren simonetti taking a look. we all want to know this, lauren. lauren: i love what you have on the screen, stay calm and stream on, okay, how about a puppy kitten marathon, two -- too cute of animal planet. 94 hours of first steps of little baby cats and dogs, it started already and goes till saturday at 8:00 o'clock and fan favorites on sunday night. so everyone is looking forward to that. it just makes you feel good, take stress out of everything. speaking of distressing, christmas, the best christmas movies from the hallmark channel. they will have a movie marathon, 27 movies over the weekend and if you want to be silly and looking for sports, espn 2 is doing espn 8, ocho, random scene sports but hilarious, like robot fighting and spitting, things like that. you can watch this sunday night and we are seeing a lot of movie theaters being closed so the studio is releasing movies early to video on demand. you to pay for this, for instance, universal invisible man, warner brothers, they are putting new videos on demand and gives you something to d

stuart: gary kaltbaum still with us, jack how, baron's guy, lauren simonetti and dierdre bolton.point? >> they don't make things better. they certainly exacerbate what is going on. you have coronavirus. you have coronavirus terrible you have politics, good for health insurers. by the way, s&p, it's only down a few percent for the year. that's where you would expect we should be. stuart: i should not be too carried away with a thousand points because in per feintage point is not that bad. gary and jack, i will ask you same question. what do you think of fraction percent tax on every trade? >> no. look, enough with taxes. i keep hearing from i guess it was warren and sanders want to tax financial trades and they are going after wall street. you are going after the middle class, you're going after lower than the middle class. everybody does trades. this is absolute insanity. i got news for you, we sent them $3.5 trillion federally last year. why do they need more? that doesn't include local and state. lower taxes, not higher taxes. leave the people alone. stuart: i think we know whe

lauren simonetti, break it down, please. lauren: wow. wow, stuart. brutal reality just hit home for 3.25 million americans filing for those unemployment benefits last week. it was near the high end of the estimates which were as many as four million. this is the story of individual economic pain. you ask these small businesses do you plan to rehire some of these workers. i don't know who can say yes at this point. in the state of california, this is why we knew this federal number would be so bad, in the past two weeks, in fact, less than two weeks, they had more than one million claims in california alone. in connecticut, between friday and last night, 40,000. i can tell you this story over and over again as we look at the different states coast to coast. real quickly here, i'm going to give you a silver lining. the silver lining is this. there could be jobs at state unemployment office to deal with all these calls and requests for money, because the state unemployment offices get money from the government, federal grants, and the unemployment rate

metropolitan area, maybe there's some stigma about the area because it is the epicenter of the virus, lauren simonettiat, please. lauren: it pains me to say it stuart but it's true. there is a stigma if you are from new york these days. new york state has over 39,000 cases of coronavirus, 45% of all of the cases in the u.s. if you look atman hat an specifically, small apartments so what are those people doing? renting places in the hamptons and the catskills and upstate new york, and driving to other states and the parts of new york and other states outside don't want to see them coming in in many respects. and we've been told, new yorkers have been told look, if you're here, if you go to the state you need to quarantine yourself for 14 days, so it pains me to say but new york city and new york state the epicenter and there's a stigma on people leaving the epicenter. stuart: understood, i do understand that. thanks very much lauren. susan? what about the cruise lines? >> they are getting hammered today because they aren't part of the $2 trillion relief package that looks to be passed by the house toda

and what we are going to see there we just got import and export numbers out hitting the tape lauren simonettin maria nonetheless import prices fell 5/10 of 1% versus estimate would have been a super drop of 8/10 of 1% this was flat in january, for export prices, surprisingly low, 1.1 -- they fell 1.1% that was worse than expected, expected to fall .4% fell 1.1% the march numbers oil gas coming down drastically. >> no the change on the heels of february import export numbers dow industrials up 1110 points expecting pretty good rally across the board on heels of the worst day since 1987 crash yesterday, check with jackie deangelis on the floor of the new york stock exchange right now jackie good morning to you good morning to you -- >> traders less concerned with those numbers than broader story everybody telling me after the worst drop since 1987 how much lower could this market go, you still have people saying i want to get in pick up a you bargain here and there what you are going to see the other thing that we have been talking about this week is when will this peak floods of bad news some