CNBC World News

Amazon said it was having trouble delivering items on time due to a rise in online shopping amid the coronavirus outbreak.

"I think that tells us that we can see the same thing wash through the economy here," Dow Inc. CEO Jim Fitterling told CNBC's Jim Cramer.

"What's happening right now (is) we're starting to price in the reduction in earnings for 2020 and the possibility now of a recession," said Anthony Scaramucci, founder and co-managing partner of Skybridge Capital.

At first, retailers were most concerned about manufacturing facilities being disrupted by COVID-19 in China, where the virus originated. Now, in the midst of a global pandemic, this is a much bigger issue than China.

As of Monday, more than 181,000 cases of coronavirus have been reported, resulting in at least 7,100 deaths.

San Francisco reported 40 confirmed COVID-19 cases as of Monday morning, according to the city's department of health.

Airlines are slashing capacity around the world to confront the collapse in bookings as coronavirus spreads.

A measure of fear in stocks just topped the levels during the financial crisis more than a decade ago.

President Donald Trump announced a strict set of guidelines for Americans to follow for the next 15 days to try to "slow the spread" of the growing coronavirus pandemic.

The patient is in good condition and is isolated to prevent the spread of the infection to others, the CDC says.

The trial is taking place at the Kaiser Permanente Washington Health Research Institute in Seattle, Washington, where cases have surged in recent weeks.

President Emmanuel Macron of France said people may leave their homes only for essential duties, beginning midday Tuesday. "We are in a health war," Macron said.

Canada is closing its borders to noncitizens because of the coronavirus pandemic, Prime Minister Justin Trudeau announced Monday.

Trump, speaking to reporters in the White House briefing room, also said his administration may look at lockdowns for "certain areas" or "hot spots" in the nation.

Movie theaters, fitness centers, commercial real estate and pay TV could be among the industries that are vulnerable in prolonged quarantines.

"I don't see how we get through this without wide-scale systemic solutions," said one top-tier investor. "We're going to have to rewrite the rules to get to the other side."

Oaktree Capital co-founder Howard Marks said the sell-off has not been a "panic" but it might be time to buy.

Fed actions over the weekend may yet prove insufficient to address the economic carnage, but that doesn't mean it won't try.

Monday's losses put the Dow down more than 31% from its all-time high and the S&P 500 and Nasdaq more than 29% below their records.

U.S. airlines are seeking government assistance of more than $50 billion, including a mix of direct aid and loan guarantees, as the industry reels from the coronavirus outbreak.