Welcome everybody I am Brian Sullivan live in New York City down 3,000 points one day up 1,000 the next

This is the White House and the Fed pull out trillion dollar plans to try to

stabilize the economy. The now surging more than 1,000 points for a 5% gain.

With the thought of hundreds of billions in new bonds being issues, yields moved higher.

In fact, the 10-year Treasury note yield is back above 1%.

Crude oil, it got crushed again today on concerns about an economic slowdown.

Oil down more than 6% to 2860 and change.

Oil now on pace for its worst month ever.

And here is a stat that really sets the tone for how things have been.

And it comes from our friend Ryan Detrick at LPL Financial.

Today's rally marks the seventh straight session that the stock market has moved either up or down 4% in a day.

That breaks the previous record of six such volatile sessions set all the way back in

November of 1929. A true sign of the times, all the markets

rising today. It is clear that we are in unprecedented times for the markets and

the economy, but we're here for you here on

see and be see with our folks who've been working tirelessly around the clock. Bob is

downtown Steve has more in the Federal Reserve's move but most of the news

making action today came from inside the beltway.

So let's get to Kaye Taus, you is live in Washington with more on the White House response.

Caleb.

Brian, it is an unprecedented stimulus package that the White House is proposing 1.3

trillion dollars in relief for businesses and workers whose revenues and wages

...