AFN
NEWS
Thursday, March 5, 2020
1)
From ABC News, I’m Michelle Franzen.
Joe Biden in California with the
result of the state’s primary still being tallied. He’s taking a victory lap on
Super Tuesday wins in ten states and looking ahead. “We have to put in a
bigger, broader vision for this nation and make it happen, and but first, first
we have to defeat Donald Trump.” Biden also picking up another endorsement Michael Bloomberg suspending his
campaign today and says Biden has his full support. Meantime, Bernie Sanders in Vermont focusing on
future primaries in battleground states saying he and Biden are now locked in a
two-person race. “My guess is after California is thrown into the hopper, it’s
gonna be pretty close. We may be up by a few. Biden may be up by a few, but I
think we go forward basically neck and neck.”
2)
Deaths in the U.S. due to the coronavirus have now risen to eleven, another in Washington
State and California reporting its first death. ABC’s Alex Stone has details. “The death here in California was an
elderly patient in Placer County
outside of Sacramento. The persons, we’re told, got coronavirus were on a
cruise from San Francisco to Mexico last month. They have been quarantined now
that the person has died. Also Washington State is reporting another death
bringing the total dead there to ten.”
3)
House lawmakers are approving a bipartisan funding bill 8.3 billion to combat
the coronavirus. The Senate votes tomorrow and medical labs working to streamline
the testing process for Americans. “Vice President Mike Pence meeting with major
U.S. testing lab CEOs saying the President’s made it easier for them to detect
the coronavirus. ‘Any American that wants to be tested for the coronavirus on
their doctor’s indications can be tested.’ The White House saying more than $8
billion congressional funding bill will help speed treatment drugs and vaccine.
Andy Field, ABC News, Washington.”
4)
Wall Street rebounding today. The Dow closing up more than 1100 points. You are
listening to ABC News.
…………………………………………..
I’m
Maria Bartiromo and this is the Fox Business Report.
Stocks
surging into the close as investors cheered growing signs of a coordinated
response to the coronavirus by economies around the world and strong Super
Tuesday performance by Joe Biden. Wall Street views Biden is more business
friendly than Sanders. Among the gainers today; consumer staples, tech and healthcare
companies. Wall Street analysts and investors have expressed concerns over Sander’s
policy proposals regarding health care and large tech. Health insurance Anthem soaring over 15% for its
largest one-day percentage increase since October of 2008. The Dow winners
today; Apple, UnitedHealth and Home Depot. The Dow rising 1,173 points. It’s
the second largest one-day point gain ever. The NASDAQ up 334, the S&P 500
up 127 points. It’s the second largest one-day point gain in history. That’s
your Fox Business Report. I’m Hilarie Barsky, invested in you.
