About this episode
Rebounding from a historic rout. U.S. markets come close to entering bear market territory after the Dow sinks 2,000 points as virus fears and an oil price war knock 5 trillion dollars from stocks. But crude prices bounce back from the worst day in almost 3 decades and US futures rise as President Trump teases potential stimulus including a payroll tax cut, ahead of meetings with congressional Republicans and Wall Street executives. Italy quarantines the entire country as Europe's fourth biggest economy becomes the largest outbreak outside China. Prime Minister Giuseppe Conte says it faces its 'darkest hour'. And finally Chinese inflation slows and factory prices fall as the virus continues to weigh on the economy, while fresh research points to a more than 50 percent plunge in monthly mobile phone sales. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .