Morning Market Report - March 12, 2020
Futures Trade Limit Down Again Overnight - Hit 7% Circuit Breaker After Open
Trump bans travel from Europe to US
The U.S. is banning entry to those travelling from the 26 European countries which form the so-called Schengen Area, where there are no passport checks between internal borders. These nations are: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.
The ban does not apply to legal permanent residents of the U.S., according to the U.S. Department of Homeland Security, and in most cases, it does not apply to immediate family members of U.S. citizens.
Most people who have been in these countries in the 14 days prior to their scheduled arrival in the United States will not be allowed into the country.
Trump said the ban would start at midnight Friday and last for 30 days.
However, he added that “these restrictions will be adjusted subject to conditions on the ground.”
Source: CNBC
The ban does not apply to legal permanent residents of the U.S., according to the U.S. Department of Homeland Security, and in most cases, it does not apply to immediate family members of U.S. citizens.
Most people who have been in these countries in the 14 days prior to their scheduled arrival in the United States will not be allowed into the country.
Trump said the ban would start at midnight Friday and last for 30 days.
However, he added that “these restrictions will be adjusted subject to conditions on the ground.”
Source: CNBC
NBA suspends season until further notice, over coronavirus
The NBA has suspended its season “until further notice” after a Utah Jazz player tested positive Wednesday for the coronavirus.
Carnival shares tank after Princess Cruises says it will suspend global operations for 60 days
The announcement impacts the cruise line’s fleet of 18 ships, the company said, and will affect voyages from March 12 to May 10.