Hi, I'm CNBC producer Katie Kramer, one of the voices behind the CNBC podcast SquawkPod.

In these times of uncertainty, we want to make sure we're bringing you, our listeners, as much information as possible, as quickly as we can.

That's why we're sharing with you now a CNBC special report, Markets and Turmoil.

Listen in.

Thank you. CNBC special report, markets and turmoil. Listen in. I'm Sarah Eisen on day 180 of the coronavirus crisis. As cases spike, Texas and Florida

reversed course, shutting down businesses and restricting other activities.

It's not going well. I have to tell you. It's not going well.

Dr. Fauci points blame at younger Americans for not taking the virus seriously enough.

Outbreaks grow. Florida and Texas are among the hardest hit states. There's fear the sick will soon overwhelm

hospitals. An ugly close, an ugly session. Markets react, stock sink. This CNBC's special report,

markets in turmoil, starts right now. Here's Sarah Eisen. Welcome, everyone. We begin tonight with the dramatic spike in virus cases

throughout many states, most notably Texas and Florida. Both states rolling back reopenings.

Dr. Anthony Fauci sounding new warnings today.

Florida, California, Arizona, Texas, places like that, there really is a difficult situation

because as individual states, cities, locations are opening up, they're really seeing a serious

concern of increasing cases.

And it isn't just because they're doing more testing.

There are more cases. There are more hospitalizations in some of those cases. And it isn't just because they're doing more testing. There are more cases,

there are more hospitalizations in some of those places, and soon you'll be seeing more deaths.

If you say you're going to go back into lockdown, there'll be an absolute pushback on that.

You might have to do it. You never take that off the table. But before you do that,

how about doing the things that we've said all along you should do? For goodness sakes, avoid crowds, wear masks. When you

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