The Trump administration on Monday downplayed the threat posed by the widening coronavirus outbreak, while U.S. stock markets plummeted after the open of trading on fears of a looming global recession.
The number of confirmed U.S. cases of coronavirus was at 566 on Monday, including 22 deaths, according to state public health authorities and a running national tally kept by the Johns Hopkins University center tracking the outbreak.
CNBC Contributor Jim Iuorio joined Dan and Amy with reaction to the plunging stock market: