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"This should have been a coordinated effort by the federal government...It's a Wild West out there," Illinois Gov. Pritzker said on CNN.

Airlines warned Congress thousands of jobs were at risk without direct grants to fight impact of coronavirus.

Shutdown measures must be coupled with massive federal government support to sustain the population through isolation and prime the economy to pick up where it left off, Bullard says.

The Ministry of Health said in a statement that this measure is meant to "conserve resources so we can focus on Singaporeans."

Amazon CEO wrote: "There is no instruction manual for how to feel at a time like this, and I know this causes stress for everyone."

"Can you imagine what it means for this country to just have three retailers?" CNBC's Jim Cramer said.