Health and Science

US coronavirus cases top 43,000, Florida institutes New York and New Jersey travel rules

What coronavirus means for the future of work from home
What coronavirus means for the future of work from home

The coverage on this live blog has ended — but for up-to-the-minute coverage on the coronavirus, visit the live blog from CNBC's Asia-Pacific team.

All times below are in Eastern time.

  • Global cases: More than 375,000
  • Global deaths: At least 16,100
  • US cases: At least 43,000 
  • US deaths: At least 500

The data above was compiled by Johns Hopkins University. 

8 pm: California Gov. Gavin Newsom closes state park parking lots

California Gov. Gavin Newsom on Tuesday announced the closure of state park parking lots to encourage the practice of social distancing. The shut down of the parking lots is effective immediately, Newsom said.

"We need to practice common sense and socially distance," Newsom said. "When you're out there, and you can't find parking at a beach, it suggests youre not going to practice social distancing." —Salvador Rodriguez

7:30 pm: SF Mayor says city has procured 1 million N-95 masks

San Francisco Mayor London Breed on Monday announced the the city had procured 1 million N-95 personal protective masks for front line workers from the California Office of Emergency Services.

"We're also preparing to increase the capacity of our health care system by hiring more nurses, while ensuring that we have the equipment needed to keep them safe as they do their important work," Breed said in a statement. "I want to thank the Governor and the state for their support during this challenging time." In addition to the masks, Breed said that the city had hired 82 qualified nurses over the weekend as part of its effort to rapidly expand the capacity of the city's health care network. San Francisco expects to hire an additional 140 nurses in coming weeks, the San Francisco Office of the Mayor said in a statement. —Salvador Rodriguez

7:18 pm: What people are buying as they heed stay-at-home orders

Violet Helsing, of Boulder, looks at a display of Clorox while shopping at McGuckin Hardware in Boulder.
MediaNews Group | Boulder Daily Camera via Getty Images

In the weeks since the U.S. confirmed its first case of COVID-19, consumer habits have been shifting

Medical masks, hand sanitizer, gloves and toilet paper have flown off shelves in the U.S., as more people began to look to protect themselves and prepare for long stints isolated in their homes. But, those aren't the only items that consumers are spending money on in stores and online.

In addition to medical supplies, such as cold medicine, thermometers and tissues, and items for the pantry, such as canned goods and bottled water, people have begun shelling out money for entertainment. Board games, puzzles and video games have become popular items. —Sarah Whitten

7:12 pm: Fed surprises market with program to support corporate bonds amid coronavirus pandemic

The Federal Reserve pulled out another series of bazookas today, including a flurry of programs to buy more Treasuries and mortgage-backed securities.  But one move that surprised many was the decision to buy corporate bonds and corporate bond exchange-traded funds.

"This is unprecedented action by the Fed," Johnny Fine, head of Investment Grade Bonds at Goldman Sachs told CNBC's Wilfred Frost.

Under a program called the Secondary Market Corporate Credit Facility, the Federal Reserve will be able to purchase corporate bonds, not just Treasuries.  That alone is big news, but this program also allows for the purchase of ETFs that track the U.S. investment-grade corporate bond market. —Bob Pisani

7:04 pm: Updated map of US coronavirus cases, which total 43,214

6:59 pm: Volunteers from tech companies like Amazon, Apple and Google build coronavirus-tracking site in six days

In the last week, a group of thirty volunteers from tech companies like Apple, Amazon and Alphabet put together a website called "covidnearyou" that aims to track the coronavirus as it spreads

The idea started when Prem Ramaswami, the head of product at Alphabet's Sidewalk Labs, and his wife, started feeling sick more than a week ago. When he tried to get a test for the coronavirus, his doctor told him that would not be possible. According to Ramaswami, he was denied access to the test because he hadn't been in touch with anyone who had tested positive.

Ramaswami, who previously worked on health projects at Google, wondered how he could help others in the same boat. —Christina Farr

6:52 pm: Consumers could spend $20 billion less for gasoline this April as prices collapse in futures market

Gasoline prices in the wholesale and futures markets crashed as more states issued stay-at-home orders, severely dampening demand for fuel.

Some spot cash prices around the U.S. were down 40% or more Monday, and futures prices for gasoline in New York Harbor lost 24% for gasoline due for delivery in April. As a result, the prices drivers pay at the pump could fall by as much as 20% in a matter of weeks and in some areas, could reach a low below $1 a gallon ultimately in select markets.

"The reason is clear. No one is driving," said Daniel Yergin, vice chairman at IHS Markit. —Patti Domm

6:45 pm: Facebook is offering employees up to a month of paid leave to care for sick family members

Facebook has introduced new paid time off programs that will allow employees to take up to a month away from work to care for sick relatives in light of the coronavirus outbreak, a spokeswoman for the company told CNBC. 

"Facebook understands we are in uncharted territory with the COVID-19 pandemic," the spokeswoman said in a statement. "We want to support our people with navigating their needs during this time. Therefore, we have launched a number of initiatives for our employees and their families."

Among these initiatives is a paid emergency care leave program that offers 30 working days of leave to employees who need to care for a sick family member, or if they need to travel to another country or state to care for a family member. —Sal Rodriguez

6:35 pm: CDC says coronavirus survived in Princess Cruise ship cabins for up to 17 days after passengers left

Two buses arrive next to the Diamond Princess cruise ship, with people quarantined onboard due to fears of the new coronavirus, at the Daikaku Pier Cruise Terminal in Yokohama port on February 16, 2020.
Behrouz Mehri | AFP | Getty Images

The coronavirus survived for up to 17 days aboard the Princess Diamond cruise ship, living far longer on surfaces than previous research has shown, according to new data published by the Centers for Disease Control and Prevention. 

The study examined the Japanese and U.S. government efforts to contain the COVID-19 outbreaks on the Carnival-owned Diamond Princess ship in Japan and the Grand Princess ship in California. Passengers and crew on both ships were quarantined on board after previous guests, who didn't have any symptoms while aboard each of the ships, tested positive for COVID-19 after landing ashore.

The virus "was identified on a variety of surfaces in cabins of both symptomatic and asymptomatic infected passengers up to 17 days after cabins were vacated on the Diamond Princess but before disinfection procedures had been conducted," the researchers wrote, adding that the finding doesn't necessarily mean the virus spread by surface. —Will Feuer

6:29 pm: Bood donations needed as drives are canceled across the US

Those who depend on regular transfusions are increasingly worried as over 4,000 blood drives were canceled in the U.S. because of the coronavirus, according to the American Association of Blood Banks.

This situation, which resulted in a loss of 130,000 donations, is unprecedented, according to Dr. Claudia Cohn, AABB's chief medical officer and director of the blood bank at the University of Minnesota Medical Center.

"I'm looking to delay or reduce blood usage with the knowledge that the supply is not being refilled at a robust rate, and nationwide we're seeing this," Cohn said.

The American Red Cross is keeping blood donation centers open and using new protocols such as enhanced disinfecting and temperature checks for staff and donors to keep the virus from spreading. Those practicing social distancing and staying at home can still leave to donate blood, according to U.S. Surgeon General Dr. Jerome Adams. —Hannah Miller

6:25 pm: Dow futures rise as Senate haggles over virus bill

Futures contracts tied to the major U.S. stock indexes posted a modest rise at the opening of the overnight session.

Dow Jones Industrial Average futures rose 225 points, implying an opening gain of 270 points. S&P 500 and Nasdaq futures also pointed to moderate gains around 1%. —Thomas Franck

6:20 pm: US health officials say 147 nursing homes have at least one resident with coronavirus

There are 147 nursing homes across 27 states that have at least one resident with the coronavirus, exposing seniors who are "more susceptible to dangerous complications from the virus," Centers for Medicare and Medicaid Services Administrator Seema Verma said in releasing the new data.

CMS and the Centers for Disease Control and Prevention examined the high rate of COVID-19 fatalities at the Life Care Center nursing home in Kirkland, Washington, the epicenter of the outbreak in the state. At least 35 residents or staff of Life Care have died from the virus, CMS said. 

While that figure is a small fraction of the 15,000 nursing homes across the U.S., it posses a serious threat to the senior population since people over 65 years old are already at higher risk to serious illness and death from the coronavirus, according to the CDC. —Noah Higgins-Dunn

6:00 pm: Florida requires travelers from New York and New Jersey to self-isolate

Cyclists pass the boarded up Smith & Wollesnky restaurant as they exercise in South Pointe Park on March 18, 2020 in Miami Beach, Florida.
Cliff Hawkins | Getty Images

Florida Gov. Ron DeSantis said Monday that he is issuing an executive order requiring those flying into his state from New York and New Jersey to self-isolate for 14 days.

"That's the only way we can be sure that that virus is not going to be reintroduced in the state of Florida and then spread," DeSantis said of the new order. DeSantis said he had spoken with President Donald Trump regarding the issue. He also said that a "flood" of people from New York have been traveling to Florida on hundreds of flights over the past few days.

The stay-at-home restrictions in other states may be causing people to flee to Florida, according to DeSantis. —Hannah Miller

5:45 pm Fiat Chrysler to produce and donate face masks

Fiat Chrysler said that it will begin manufacturing over one million protective face masks per month and donating them to police, EMTs and firefighters, as well as to workers in hospitals and health care clinics fighting the coronavirus outbreak.

FCA said production capacity will be installed this week and initial distribution of the face masks across the U.S., Canada and Mexico will begin in the coming weeks.

On Friday, General Motors announced it will lend its auto factories to support Ventec Life Systems' production of ventilators, which are for patients who cannot breathe on their own. Ford has previously said it's studying how feasible it would be to do the same in its factories. —Noah Higgins-Dunn

5:30 pm: Playgrounds closing in San Francisco, other public spaces could follow 'if needed'

San Francisco Mayor London Breed said Monday that the city will be closing all playgrounds to make sure residents are following the "shelter in place" order.

"We are closing playgrounds to ensure people follow the stay at home guidelines. We will close other public spaces if needed," Breed said. "I'm asking you to do your part. The only way SF can avoid the devastation we're seeing in other parts of the world is if everyone acts responsibly.suspends dividend, halts buybacks and taps credit in midst of coronavirus pandemic." San Francisco on Monday reported a total of 131 cases. —Riya Bhattacharjee

5:11 pm: Nordstrom suspends dividend, halts buybacks and taps credit in midst of coronavirus pandemic

Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the coronavirus pandemic.

"We are proactively taking steps to strengthen our financial flexibility to help us navigate through this unprecedented situation," CEO Erik Nordstrom said in a statement. —Lauren Thomas

5 pm: UK Prime Minister Boris Johnson orders Britons to stay at home to halt spread of coronavirus

British Prime Minister Boris Johnson gestures as he speaks during a coronavirus news conference inside number 10 Downing Street on March 19, 2020 in London, England.
Leon Neal - WPA Pool | Getty Images

Prime Minister Boris Johnson on Monday ordered Britons to stay at home to try to halt the spread of coronavirus, closing nonessential shops, telling people not to meet with friends or family and warning those who do not follow the rules face fines.

Deaths from the virus in Britain jumped to 335 on Monday as the government said the military would help ship millions of items of personal protective equipment (PPE) including masks to healthcare workers who have complained of shortages.

"From this evening I must give the British people a very simple instruction - you must stay at home," Johnson said in a televised address to the nation, replacing his usual daily news conference. —Reuters

4:30 pm: Indiana has 'stay-at-home' executive order

Indiana residents have been ordered to "hunker down" and remain at home, Gov. Eric Holcomb announced Monday. The "stay-at-home" executive order is effective Tuesday at 11:59 pm and ends April 6, but could be extended if the outbreak worsens.

"Stay at home unless you're going out on an essential errand or essential work or essential business," Holcomb said at a press briefing Monday.

Essential businesses and services include grocery stores, pharmacies, gas stations, police stations, fire stations, hospitals, doctor's offices, health care facilities, garbage pickup, public transit and public service hotlines such as SNAP and HIP 2.0, as well as others, according to a statement from the governor's office. —Hannah Miller

4:20 pm: Twitter pulls first quarter guidance due to coronavirus

Twitter on Monday pulled its first quarter guidance due to the growing impact of the COVID-19 pandemic, blaming the virus for causing a slowdown in advertising in recent weeks.

The company said its first quarter will be down versus the year-ago quarter and it expects a GAAP operating loss. But on the brighter side, the company said users are still growing as people tune into the site for the latest updates on the coronavirus. —Jessica Bursztynsky

Twitter withdraws guidance for first 2020 quarter due to the coronavirus
Twitter withdraws guidance for first 2020 quarter due to the coronavirus

4:00 pm: Dow rebounds into the close

Major stock indexes recovered some losses just before market close. The Dow Jones Industrial Average, at one point down more than 900 points, ended the session down about 580 points, or roughly 3%. The S&P 500 ended trading down nearly 3% and the Nasdaq Composite ended the day down just 0.3%. —Sara Salinas

3:51 pm: French PM says lockdown could last weeks

Prime Minister Edouard Philippe said a virtual lockdown in France imposed to slow the spread of the coronavirus could last several more weeks and that his government was tightening restrictions even further.

He said citizens from Tuesday would only be able to exercise alone or with their children once a day, for no more than an hour, and within 1 kilometer of their home. Open-air markets should close, he added.

"A lot of citizens want normalcy to return, but it's not happening soon," Philippe told TF1 news. "We feel the lockdown measures that we have taken, and which we will toughen yet again... could last several weeks." —Reuters

3:33 pm: Instacart looks to hire 300,000 people over 3 months

Online grocery delivery platform Instacart said that it plans to hire an additional 300,000 full-service personal shoppers over the next three months, to help it meet the spike in demand. The company said it has seen volume grow 150%, year over year, in the past few weeks. It said basket sizes on average are also up about 15%. Instacart joins a list of retailers looking to hire, including Walmart and Amazon. —Lauren Thomas

3:26 pm: Rhode Island postpones its 2020 primary 

Rhode Island will move its 2020 primary to June 2 from the originally planned April 28 in response to the deadly coronavirus outbreak, Gov. Gina Raimondo announced.

Last week, the Rhode Island Board of Elections voted to postpone the state's primary from April 28 to June 2, according to the board's deputy director of elections, Miguel Nunez. But the decision was "pending the governor signing an emergency order," Nunez said.

Rhode Island has 26 delegates up for grabs. Sen. Bernie Sanders won the state in 2016 when he ran against former Secretary of State Hillary Clinton. —Yelena Dzhanova, Jacob Pramuk

3:14 pm: Italy's coronavirus deaths slow

A woman wearing a protective mask walks outside Castel Sant'Angelo, as Italy tightens measures to try and contain the spread of coronavirus disease (COVID-19), in Rome, Italy March 23, 2020.
Remo Casilli | Reuters

The death toll from an outbreak of coronavirus in Italy rose by 602, the smallest increase for four days, while the number of new cases also slowed, raising hope that the most aggressive phase of the epidemic may be passing.

The Civil Protection Agency said the number of fatalities from the month-old contagion stood at 6,077, while confirmed cases totaled 63,927, an increase of 4,789 over the past 24 hours -- the smallest rise for five days.

"Today is perhaps the first positive day we have had in this hard, very tough month," said Giulio Gallera, the top health official in the northern region of Lombardy, which has been hardest hit by the outbreak. "It is not the time to sing victory, but we are beginning to see the light at the end of the tunnel." 

However, there was also a significant fall in the number of tests carried out, and the head of Italy's national health institute, Silvio Brusaferro, said it was too soon to say if the recent decline in daily deaths and new cases would continue. —Reuters

2:58 pm: Pressure rises to postpone the Olympics

Women wearing face masks, amid concerns of the COVID-19 coronavirus, walk past a display showing a countdown to the start of the Tokyo 2020 Olympic Games in Tokyo on March 23, 2020.
Charly Triballeau | AFP via Getty Images

There is mounting pressure to postpone the Olympics for the first time in its 124-year history. 

Sources familiar with the matter tell CNBC that pressure is mounting and organizers could release a decision soon. One person told CNBC that postponing the games is the most likely scenario, as opposed to an Olympics without spectators which would "drain excitement" from the Games. 

One IOC member, Dick Pound, told USA Today that the games would be postponed, but the IOC has not made an official announcement yet. —Jessica Golden

2:55 pm: West Virginia under 'stay-at-home' order, effective Tuesday night

West Virginia Gov. Jim Justice issued a "stay-at-home" order for the state. It will go into effect Tuesday at 8:00 pm.

Only those who provide essential services or are employed by essential businesses can go to work, according to the order. Residents will still be allowed to go to grocery, convenience and warehouse stores, as well as to the pharmacy. They can also bike ride, jog and walk outside as long as they maintain distances of six feet apart from other people. —Hannah Miller

2:31 pm: Stocks move toward session lows

The major stock indexes drifted back toward their session lows after the Senate failed to pass a landmark COVID-19 stimulus bill, a potential economic boost investors had hoped would come. The Dow was last seen down 500 points, or 2.5%, while the S&P 500 and the Nasdaq Composite were down 2.5% and 0.45%, respectively. Still, each index remained well off their session lows that saw both the Dow and the S&P 500 down about 5%. —Thomas Franck

2:26 pm: Retailers' online deals might not be enough to stir up sales, with stores closed

The parking lot at Hilltop Mall sits empty on March 17, 2020 in Richmond, California. Seven San Francisco Bay Area counties have ordered residents to shelter in place in an effort to reduce social interaction and slow the spread of COVID-19.
Justin Sullivan | Getty Images

Nike, Macy's and Vineyard Vines are just a few of the companies currently offering decent deals online, to try to stir up some sales as their stores sit dark. Many retailers are also throwing in free shipping — if they did not already offer it — and extending the window of time you have to make a return, in the midst of the coronavirus pandemic. But even with a 25% or 30% coupon sitting in their email inboxes, most consumers are not looking for a new pair of shoes right now. "You can discount in a demand-weak environment, but it doesn't matter," said Neil Saunders, managing director of GlobalData retail. —Lauren Thomas

2:19 pm: Coronavirus stimulus bill blocked again in Senate

A massive stimulus funding package again failed a key procedural vote in the Senate, as there were major differences between the two parties over what to include in the final legislation.

Senate Majority Leader Mitch McConnell threw aside his usually placid appearance as he tore into Senate Democrats for the second straight day, accusing them of filibustering a deal the country needs immediately. Senate Minority Leader Chuck Schumer was equally in combative in remarks, saying Republicans were still pushing for a bailout fund "with no strings attached." —Lauren Hirsch, Jacob Pramuk

1:46 pm: Movie theater trade group doesn't expect studios to launch blockbusters on streaming platforms while cinemas are shut down

Not asking for a bail out, we're asking for liquidity: National Association of Theatre Owners CEO
Not asking for a bail out, we're asking for liquidity: National Association of Theatre Owners CEO

The decision to have "Trolls World Tour" skip theaters and go straight to home viewing is an outlier, not the norm, the president of the National Association of Theater Owners said.

Movie theaters in a number of countries have been shuttered in an attempt to stem the rate of infection from the coronavirus. The pandemic has had an unprecedented impact on the entertainment industry, with studios being forced to make tough decisions about which movies will be delayed and which will be sent to the streaming and on-demand platforms.

Disney's "Onward," Universal's "The Hunt," "Emma" and "The Invisible Man," Warner Bros.'s "The Way Back," Lionsgate's "I Still Believe" and Sony's "Bloodshot" have all gone to home video earlier than expected in the wake of theater closures. —Sarah Whitten

1:39 pm: How Americans are handling social distancing

Social distancing restrictions continue to be ramped up across the country, and new data sheds light on how American adults are adapting. One in 4 U.S. adults are avoiding public places but are still hanging out at homes of friends and family, according to a survey conducted March 17-20 by Morning Consult. —Chris Eudaily

1:22 pm: Stocks cut losses as Schumer says stimulus deal is close, Dow still down 150 points

A man wearing a face mask takes a selfie at the Charging Bull statue near the New Stock Exchange.
Angela Weiss | AFP | Getty Images

Stocks fell sharply Monday even after the Federal Reserve unveiled new measures to keep markets working properly. 

The major averages pared losses at midday after Senate Minority Leader Chuck Schumer said he expects the upper chamber to reach a deal on a massive fiscal stimulus package.

The Dow Jones Industrial Average traded more than 150 points lower, or 0.9%, after clinching its lowest level in three years earlier in the session. The S&P 500 slid about 0.8% while the Nasdaq Composite outperformed with a 1% gain. —Fred Imbert

1:13 pm: Boeing plans two-week shutdown of factories in Seattle area

Boeing said it is shutting down production at its factories in the Seattle area for two weeks as the manufacturer grapples with the fallout of the coronavirus pandemic.

The company's move to suspend its production in the Puget Sound area comes as Washington state, where most of Boeing's production is centered, is in a state of emergency. Several Boeing employees have tested positive for COVID-19.

"These actions are being taken to ensure the well-being of employees, their families and the local community, and will include an orderly shutdown consistent with the requirements of its customers," Boeing said in a statement. —Leslie Josephs

1:05 pm: Potential wave of mortgage delinquencies could bankrupt the payment system

Rows of houses in Las Vegas.
Jacob Kepler | Bloomberg | Getty Images

Last week the regulator for mortgage giants Fannie Mae and Freddie Mac announced a forbearance program for borrowers unable to pay their loans due to the effects of the coronavirus.

The Department of Housing and Urban Development, which includes the FHA loan program, announced the same. That is a huge relief for borrowers, who can now delay payments without penalty. Unfortunately, there is a hitch. 

The mortgage servicers, the companies that collect monthly payments, are required to pass those payments on to the investors who own those loans in mortgage-backed securities, even if the borrowers don't pay. Servicers also have to pay insurers and tax authorities.

 Under normal circumstances, servicers have the cash reserves to do this if just a few borrowers don't pay, but the industry is now looking at a potentially unprecedented wave of missed mortgage payments that could bankrupt the system. —Diana Olick

12:57 pm: Tech lenders push for a piece of the coronavirus, small-business bailout

Tech-focused lenders are lobbying to be part of a government stimulus plan for businesses hurting from the coronavirus slowdown. 

Financial Innovation Now —  an industry group representing Square, PayPal, Intuit, Stripe and other nonbank finance companies — sent a letter to Congress on Friday asking that their members be included in any emergency U.S. government funding. 

"Small businesses are not well served by traditional financial institutions, nor will existing federal small business loan programs deliver funds soon enough," the letter said. "Any federal small business loan program must leverage digital advances in the marketplace to ensure that stimulus can reach those business most in need." —Kate Rooney

12:45 pm: Banks are offering coronavirus financial aid

In the face of the coronavirus pandemic, the financial stability of millions of Americans is in jeopardy.

In a statement, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency encouraged banks to work with their customers affected by COVID-19.

A growing number of financial institutions, including Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance. —Jessica Dickler

12:33 pm: Schumer says Congress is close to a deal on the stimulus bill

Democrats and Republicans continued negotiations over a massive stimulus funding package that failed to get enough votes in a key Senate procedural tally Sunday evening.

A Senate vote on the bill originally planned for 9:45 a.m. ET had been pushed until later in the day. The Senate is planning to vote after remarks from Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer, which started at noon.

"We're very close to reaching a deal. Very close. And our goal is to reach a deal today," Schumer said. "And we're hopeful, even confident that we will meet that goal."

Treasury Secretary Steven Mnuchin told CNBC on Monday that Congress is "very close" to a stimulus agreement and must get it done "today." —Lauren Hirsch

12:24 pm: David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall

David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall
David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall

Billionaire investor David Tepper said he is "nibbling" at some stocks, particularly in the tech sector, as the broader market tumbles amid the coronavirus outbreak. However, he noted the relentless selling may have further to go.

Tepper, the founder of Appaloosa Management, spoke with CNBC's Scott Wapner on "Halftime Report." His comments come as Wall Street awaited for a fiscal stimulus plan from U.S. lawmakers. —Fred Imbert

12:13 pm: How small business owners are coping with pandemic: 'It was my civic duty to be a part of the solution'

Small businesses across America are already feeling the financial crunch from coronavirus restrictions that have millions of people taking refuge from the virus outbreak by staying at home and avoiding unnecessary shopping trips.

Several U.S. states have already begun mandating that nonessential businesses — basically anything beyond supermarkets and pharmacies — close their doors to customers. But, even in states where that isn't the case, scores of small businesses have already made the move to close up shop totally or reduce their hours of business dramatically.

"I never could have imagined being closed for days and days," says Barb Skupien, the 51-year-old owner of Embellish, a jewelry boutique in Asheville, North Carolina that she first opened in 2015 after previously running a similar store in Chicago for roughly seven years. —Tom Huddleston Jr.

12:06 pm: Mayors, first responders urge Trump to help them get protective equipment 'now' to fight pandemic

Medical personnel from Riverside (CA) University Health Systems hospitals administer a Coronavirus Test to an individual during drive-through testing in the parking lot of Diamond Stadium, March 22, 2020 in Lake Elsinore, California.
Bob Riha Jr | Getty Images

Major groups representing U.S. mayors, county executives, police and fire chiefs and first responders are urging President Donald Trump to use a federal act — which he so far has refused to tap — to get them "essential personal protective equipment" quickly to help them respond to the coronavirus pandemic.

"Our nation's first responders call on you to address the shortage of essential personal protective equipment needed to keep them healthy and safe while on the job," the groups wrote in a letter to Trump.

"If we lose emergency personnel to the disease, we cannot transport people to hospitals and protect our citizens," they said. —Dan Mangan

11:59 am: Dow wipes out all the gains since Trump's election

President Donald Trump has long pointed to the stock market's success under his administration as a tangible endorsement of his economic policies and had often boasted about the Dow Jones Industrial Average's gains since his election. That was, of course, before investors knew about the new coronavirus.

With COVID-19 and measures to contain its spread seeding economic angst across the globe, the Dow's steep drop pushed the 30-stock index below the level where it closed on Nov. 8, 2016, the day Trump won the 2016 election over Democrat Hillary Clinton.

The sell-off is part of a historic market meltdown that has sent the Dow down nearly 40% since last month. —Thomas Franck

11:54 am: Stock losses accelerate, Dow falls 900 points

Stocks fell sharply even after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak.

The Dow Jones Industrial Average traded 952 points lower, or 5%. The 30-stock average also hit its lowest level in three years. The S&P 500 slid 4.9% while the Nasdaq Composite dropped 3.6%. —Fred Imbert

11:45 am: Michigan governor enacts executive order to 'stay home'

A growing list of states is ordering residents stay at home during the coronavirus crisis, as COVID-19 takes hold in the U.S. Michigan became the latest state to issue such restrictions. 

Earlier, Massachusetts Gov. Charlie Baker issued an emergency order to close all nonessential businesses across the state to curb the spread of COVID-19. 

"I am issuing the following emergency order: effective Tuesday March 24th at noon, all nonessential businesses shall close their physical workplaces and facilities to all workers, customers and the public," he said at a news briefing.

The announcement follows similar orders in states including New York, California and New Jersey. —Will Feuer

11:37 am: Global economic hit from coronavirus will be felt 'for a long time to come,' OECD warns

A trader with gloves and mask arranges some products in a plastic bag inside his grocery store during the covid-19 crisis on March 21, 2020 in Pontecagnano Faiano, Italy.