Recent market swings have proven the efficacy and strength of exchange-traded funds as trading mechanisms, says Dave Nadig, chief investment officer of ETF Trends.
"In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher," WHO Director-General Dr. Tedros Adhanom Ghebreyesus said Wednesday.
"There's trillions of dollars on the sideline, waiting and waiting and waiting," CNBC's Jim Cramer said on "Squawk Box." "They've got what they've been waiting for."
As the restaurant industry braces for the impact of the coronavirus outbreak, Grubhub is temporarily suspending commission fees for impacted independent restaurants of up to $100 million.
The move comes in response to market demand that the Fed act immediately to quell what has been an extraordinarily volatile time in the bond market, with yields sinking to historic lows amid rising liquidity concerns.
"The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks," Trump tweets, calling out Fed Chair Jerome Powell by name.
Progressive groups are calling on the Supreme Court to provide live broadcasts of its arguments while it remains closed to the public because of coronavirus.
The Starwood Capital founder told CNBC on Friday he expects the stock market to mount a fast recovery once the worst of the coronavirus outbreak is over.
A payroll tax cut has not been included in the coronavirus aid package that is reportedly being finalized in negotiations between the White House and House Democrats.