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  • This is CNN 10 your daily explanation of world news in 10 minutes and I'm your host.

  • Coral Jesus Hope your day is going well.

  • Yesterday did not go well for international stock markets.

  • After drops and other exchanges around the world, the U.

  • S stock market set a record and not a good one.

  • The Dow Jones Industrial average is an index of 30 significant stocks.

  • It includes companies like Disney and McDonald's, and it's one major indicator of how the market as a whole is doing.

  • The Dow dropped so far so fast yesterday that a circuit breaker kicked in a temporary stop to trading to give investors a chance to catch their breaths.

  • It lasted 15 minutes, and when everything was said and done with at the end of the day, the Dow had lost more than 2000 points, its worst point drop than on any other day in history.

  • What's more important to investors than points, though our percentages.

  • The Dow lost 7.8% of its value.

  • That's not its biggest percentage drop ever, but it was its worst day since October of 2008 when the great recession was dragging down the world economy.

  • Why did this happen?

  • Two main reasons.

  • One of them was oil prices.

  • They collapsed on Monday after a disagreement over oil production between Saudi Arabia and Russia.

  • There, two major producers of oil and the lower oil prices contracts late to lower gas prices, which many drivers see is a good thing.

  • Investors don't like falling oil prices because they often correspond with a weakening global economy.

  • So this was a big reason why there was a sell off in the U.

  • S stock market yesterday and that triggered the circuit breaker.

  • It doesn't matter whether the circuit breakers on electrical box or in the stock market, the concept remains the same.

  • If there's too much power, too much force coming down.

  • The pipe circuit breaker kicks in on everything stops In 1987 with Black Monday, the Dow Jones industrials fell more than 500 points.

  • It was a loss of 22.6%.

  • It is still the largest percentage daily fall in the Dow's history.

  • There was a feeling at the time financial Armageddon, the world was coming to an end market decided to put in place various circuit breakers so that trading would be slow.

  • Those who are in favor of circuit breakers say that when properly used with proper parameters, circuit breaker mealy allows time for four.

  • But there was another reason for the market dive yesterday.

  • And if you've been watching, you know what I'm about to say.

  • Corona virus.

  • According to information put together by Johns Hopkins University, more than 113,000 cases have been confirmed around the world.

  • Almost 4000 people who have caught the virus have died.

  • That's about three and 1/2 percent of total cases and more than 62,000 people.

  • Almost half the total cases have recovered from the virus.

  • But the fear of this disease spreading has led to school closures for hundreds of millions of students around the world.

  • The Nation of Italy, which has seen the largest outbreak in Europe, is under lock down, with schools, movie theaters and nightclubs closed.

  • Ireland has called off.

  • It's ST Patrick's Day parades, theme parks and museums have been closed, sports events and some religious gatherings have been called off.

  • The Corona virus outbreak started in China in December, and though it spread there has slowed down in recent days, it is affected daily life in Shanghai, China's most populated city in the U.

  • S.

  • When your stocking up for a hurricane, a blizzard or a viral outbreak, you tend to buy in bulk.

  • Many Shanghai residents flocking to China's only Costco location to do that, and we joined them for some shopping of our own.

  • Two.

  • This is the long line that's moving, actually a pretty good pace.

  • We've heard several announcements as we've been standing here, and essentially, they're telling people, Keep your distance from the person in front of you.

  • The store only allows 1000 customers in at a time.

  • The wait outside, about 10 minutes.

  • All right, we're going in.

  • So they just told us to come into this one line that's clearly gonna take our temperature here.

  • Cart sanitized one by one.

  • But some shoppers adding a layer just to be safe.

  • All employees, customers and their little ones wearing face masks, plastic used to protect the apples from germs and plastic even used to shield.

  • Kids can hear there's a loudspeaker.

  • Essentially, they're telling people to keep one meter apart from each other.

  • But as you look around, folks are definitely getting a lot closer than that.

  • And if he did not catch that warning, this guy will keep you in line.

  • But there are other options.

  • Her folks looking to avoid stores all together.

  • One company launched this mobile grocery van before the outbreak.

  • Since it's gained a loyal, following, mostly older crowd, you can see the folks lined up here.

  • They get essentially a menu of items that they can pick from, and the idea is they're not going into a store.

  • They're not congregating with other masses.

  • Instead, they hand off the paper with what they want and folks who are inside do the preparation and then pass out their food.

  • You can check it out.

  • I mean, it's seeming to be pretty popular here.

  • The company behind it says Over the course of a week, mobile grocery visits 20 neighborhoods serving more than 40,000 Shanghai residents.

  • Project manager says they get fresh produce daily, and they make sure it's all fully sanitized.

  • But a van could only hold so much for shoppers looking for a taste of normalcy and plenty of options.

  • Like pallets of hand sanitizer.

  • It's back to Costco, but a warning if you decide on a cooked meal here or a beverage like I did, it's now it to go purchase only, they said.

  • You have to eat and drink everything you buy in there outside of this store.

  • Keep your mask on at all times.

  • They're all scared, telling folks to get in and out as quickly as possible.

  • You don't hear many stores telling their customers to rush, but they're doing that here.

  • An effort to minimize exposure and maximize what you can stock up on.

  • David Colbert, CNN Shanghai 12th Trivia, Columbus Panhandles, Muncie Flyers and Rochester Jefferson's were all teams in what?

  • Sports League.

  • NHL MLB, Eh?

  • NBA NFL.

  • In 1922 when the National Football League was named, these were three of its teams.

  • 75 years later, the Tampa Bay Buccaneers drafted a Florida State running back named Warrick Dunn and that same year was 1997 Done founded homes for the holidays, a charity he uses to fulfill his mother's dream.

  • She'd always wanted a home of her own, and when Warrick used her life insurance to buy one after she died, he says his family found hope everyone deserves a home home is where the heart is.

  • I just remember, sit in a locker room because Dungy, just listening to him, just talked to all of the Rick is about.

  • You guys want to get involved and give back and those things.

  • Then it just came up.

  • My mom, she's working off duty.

  • Guys ambushed and it's stopping fired on a police car.

  • My mom lost her life.

  • I just knew from that moment that I couldn't worry about myself.

  • I need to worry about my brothers and sisters.

  • She was never able to realize her dream of homeownership.

  • I just saw the way that she, you know, just cared about people now.

  • She wanted her community to be better.

  • Homes for holidays is where we go, and we assist single parent family who's becoming first time homeowner.

  • So far over the last 21 years, 177 single parent families were given $5000 down payment, and we fully furnished their homes for food, furniture, linens, going to TVs, computers all way down to the toothbrush.

  • First, we just focused on really just helping families get into homes.

  • The more I really learned a ruin to get from the business of giving people potential to break their cycle of poverty.

  • And with that is an intra literacy, health and wellness education attainment and workforce development.

  • Entrepreneurship.

  • It's set the foundation for me up into that point.

  • Survival was my thinking process, but the goal is I hope we could go out of business.

  • And when I say that, it's no one else needs housing way.

  • Can't say if the meals offered by this food, truck or human grade, but that's kind of the point.

  • It's a food truck for dogs.

  • What bowl rolls around the Virginia area serving hamburgers, tacos, doughnuts and drinks again for dogs?

  • The human couple that runs it say they wanted to give fresher, healthier options to animals than some dog food and treats typically provide.

  • And like other food trucks they sometimes sell out, there are Dover.

  • Many options.

  • You could say poodles of them for specialty dog chow chow.

  • Breakfast could be a great Danish, a bagel or an English muffin massive for lunch.

  • An Aussie shepherd meat pie with a bowl of Yorkshire pudding and dinner.

  • Try the tarp, a or Kipper key with a side of bichon Frise Maltese milk, It Earl Grey hounds or drink options and desert can include a Boston cream pie terrier with lab Rhys Snicker doodles up Carla Zeus.

  • It's funny that we ended on dog food because it's the Bobcats of Taylorsville, Utah, who made it on today's show.

  • Benyon Junior High School has been subscribing in commenting on her YouTube channel.

  • Follow their example today we may say your school tomorrow.

This is CNN 10 your daily explanation of world news in 10 minutes and I'm your host.

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