I'M YOUR HOST STEPHEN COLBERT.

( CHEERS AND APPLAUSE ) HUH-OH, HUH-OH.

( PIANO RIFF ) AS YOU MAY HAVE NOTICED, NONE OF

YOU ARE HERE RIGHT NOW.

ONLY PEOPLE IN THE AUDIENCE -- GIVE A SHOT OF THIS -- ONLY

PEOPLE IN THE AUDIENCE ARE SOME MEMBERS OF MY STAFF.

HI, GUYS.

( CHEERING ) I'M GOING TO SIT DOWN OVER HERE.

OKAY.

( PIANO RIFF ) HOW ARE YOU, JON?

>> Jon: I'M GOOD.

>> Stephen: GOOD.

YEAH, ME, TOO.

>> Jon: HOW ARE YOU?

>> Stephen: I'M VERY EXCITED TO BE DOING A SHOW TONIGHT.

>> Jon: I ACTUALLY DON'T KNOW HOW I AM.

>> Stephen: WHAT DO YOU MEAN?

>> Jon: WELL, YOU KNOW, THE VIRUS, I DON'T HAVE SYMPTOMS.

>> Stephen: EXACTLY.

>> Jon: WHICH IS THE REASON WE DON'T HAVE AN AUDIENCE.

>> Stephen: BECAUSE WE DON'T KNOW WHAT'S GOING ON.

TWO THINGS TO KEEP IN MIND, YOU DON'T WANT TO BE PART OF THE

HYSTERIA.

>> Jon: RIGHT.

>> Stephen: BUT YOU ALSO WANT TO ACT WITH AN ABUNDANCE OF

CAUTION.

>> Jon: THAT'S RIGHT.

>> Stephen: WE DON'T KNOW ON THIS SIDE OF IT.

WE KIND OF KNOW HOW MUCH HYSTERIA WE COULD PRODUCE IF WE

WANTED TO.

>> Jon: RIGHT.

>> Stephen: WE DON'T KNOW IF THIS IS A FEATHER OR A BRICK.

>> Jon: RIGHT.

>> Stephen: AROUND THE WORLD, THIS SEEMS TO BE A BRICK, SO WE

WENT WITH BRICK.

THERE YOU GO.

( PIANO RIFF ) HOW'S THE SHOW GOING SO FAR?

>> Jon: IT'S MOVING.

( LAUGHTER ) >> Stephen: LET ME EXPLAIN

WHAT'S GOING ON.

ALL THE NEW YORK CITY LATE NIGHT SHOWS ARE PLANNING TO GO WITHOUT

AUDIENCES STARTING MONDAY.

WE ANNOUNCED THAT LAST NIGHT, ACTUALLY.

THAT CHANGED BECAUSE, JUST A FEW HOURS AGO, WE GOT SOME

SURPRISING NEWS, WE WOULD BE GOING WITHOUT AN AUDIENCE

STARTING TONIGHT.

THIS IS ABSOLUTELY TRUE.

WE'RE JUST KIND OF WINGING IT.

THIS IS REHEARSAL RIGHT NOW, WHICH MIGHT BE A GOOD THING,

BECAUSE, IN MY MIND, ALL OF MY JOKES ARE PERFECT.

THE ONLY PERSON THAT EVER DISAGREES WITH ME IS THE

AUDIENCE.

CAN'T DISAGREE WITH ME NOW, CAN YOU?

( LAUGHTER ) HA!

LOOK, I JUST GOT A LAUGH!

( LAUGHTER ) I'VE DONE A SHOW WITHOUT AN

AUDIENCE BEFORE, BACK BEFORE "THE LATE SHOW" STARTED, WE DID

A SECRET SHOW IN A SMALL MICHIGAN TOWN CALLED MONROE,

MICHIGAN.

THERE WAS SO MUCH SCRUTINY ON OUR FIRST SHOW THAT WE DECIDED

TO GET OUT OF UP TO AND GET THE SHOW OUT OF THE WAY BY TAKING

OVER A PUBLIC ACCESS PROGRAM CALLED "ONLY ON MONROE."

I'M SURE YOU SAW IT.

IT WAS SORT OF GORILLA MARKETING.

I TONIGHT SAY VIRAL MARKETING BECAUSE WE WILL NEVER BE USING

THAT PHRASE AGAIN.

>> Jon: YEAH.

( LAUGHTER ) >> Stephen: HERE'S

SOMETHING -- THE MOST BREAKING NEWS FOR ME IS WHEN I LEARNED

THAT, BECAUSE TO HAVE THE CORONAVIRUS, ALL OF BROADWAY WAS

SHUTTING DOWN TONIGHT.

THAT'S ANOTHER REASON WE DON'T HAVE AN AUDIENCE.

IT'S A LITTLE SAD BECAUSE THE BROADWAY SHOWS HAD ALREADY BEEN

WORKING ON NEW PRECAUTIONS TO KEEP THE AUDIENCE SAFE.

HERE'S FOOTAGE FROM LAST NIGHT'S REHEARSAL OF "WESTSIDE STORY."

♪ ♪

>> OH!

I NEED SOME PURELLE!

( LAUGHTER ) >> OH, MAN...

>> Stephen: RIGHT NOW, I'M IMAGINING YOUR LAUGHTER.

>> Jon: YEAH.

>> Stephen: LAST NIGHT, WE LEARNED THAT THE N.B.A. HAS

SUSPENDED ITS SEASON UNTIL FURTHER NOTICE, SO

CONGRATULATIONS TO THE NEW YORK KNICKS, IT'S THE BEST THING TO

HAPPEN TO THEM ALL YEAR!

( PIANO RIFF ) ( LAUGHTER )

>> Jon: GET A SIP IN!

>> Stephen: YOU KNOW WHAT I WATCHED TODAY?

>> Jon: WHAT'S THAT?

>> Stephen: I WATCHED STEVE ALLEN, YOU KNOW, THE GUY WHO

STARTED ALL THIS, STEVE ALLEN STARTED THE ORIGINAL "TONIGHT

SHOW" AT THE HUDSON THEATER DOWN THE STREET.

AFTER THAT, THERE WAS THE STEVE ALLEN SHOW.

HE WAS PLAYING PIANO WHILE JACK KAROAK READ "SELECTIONS FROM ON

THE ROAD."

THAT'S WHAT THESE SHOWS USED TO BE.

>> Jon: WOW...

> Stephen: AND CAN BE AGAIN, THANKS TO CORONAVIRUS.

( APPLAUSE ) IF ALL THAT NEWS WASN'T

UNSETTLING ENOUGH, LAST NIGHT WE ALSO LEARNED TOM HANKS HAS THE

CORONAVIRUS.

HEY!

CORONAVIRUS!

OKAY, YEAH!

YOU CAN SHUT DOWN ITALY, YOU CAN SHUT DOWN SOUTH KOREA, YOU CAN

DESTROY OUR ECONOMY, BUT KEEP YOUR FILTHY NUCLEOCAPSID

PROTEINS OFF TOM HANKS!

THE MAN IS AN AMERICAN TREASURE!

THIS IS LIKE LEARNING THE LIBERTY BELL HAS HERPES!

( LAUGHTER ) IT ENDS NOW!

IT ENDS NOW!

( LAUGHTER ) I'M BEING TOLD IT IS NOT ENDING

NOW.

I'M GOING TO HAVE TO KEEP DOING THE SHOW WITHOUT AN AUDIENCE.

( LAUGHTER ) OKAY, NOW, MOVING ON.

>> Jon: FOR REST, COME ON, FORREST.

>> Stephen: I THINK THIS IS GOING PRETTY WELL.

DO YOU GUYS THINK IT'S GOING PRETTY WELL?

( CHEERS AND APPLAUSE ) >> Jon: YEAH, I THINK SO!

>> Stephen: NOW, I WANT YOU TO FORGET --

( CHEERING ) THAT'S ENOUGH.

( PIANO RIFF ) I WANT YOU TO FORGET THE FACT

THAT I PAY ALL THOSE PEOPLE.

( LAUGHTER ) NOW, EVEN THOUGH TOM HANKS AND

WIFE RITA WILSON BOTH TESTED POSITIVE, THEY SAY THEY HAVE

MILD SYMPTOMS AND ARE DOING FINE.

HANKS POSTED, WITH POISE, I MIGHT ADD, AS HARVETION ALWAYS

DOSE, ABOUT HOW THEY'RE HANDLING THE PROBLEM.

WELL, NOW, WHAT TO DO NEXT, WE HANKS WILL BE TESTED AND

ISOLATED AS LONG AS PUBLIC SAFETY REQUIRES.

NOT MUCH MORE TO IT THAN A ONE DAY AT A TIME APPROACH.

NO?

TAKE CARE OF YOURSELVES.

HANX.

POSITIVE MESSAGE BUT A BUMMER OF A SEQUEL TO "CATCH ME IF YOU

CAN."

>> Jon: WOW.

WOW.

>> Stephen: I'M GUESS WEG PUT A GRAPHIC UP THERE THAT WOULD

SAY "CATCH ME IF YOU CAN," AT SOME POINT.

IN A REAL SHOW, WE WOULD DO THAT.

>> THIS IS REHEARSAL.

>> Stephen: THIS IS REHEARSAL.

BUT I'M THINKING THIS IS WHAT WE ACTUALLY SHOW PEOPLE.

>> SURE.

>> Jon: HUH-OH.

>> Stephen: THEY'RE GOING TO BE REALLY SURPRISED WHEN I WALK

OUT OF THE BUILDING IN HALF AN HOUR.

( LAUGHTER ) ( PIANO RIFF )

>> OH, SURE, STEPHEN, WE'LL TAPE THE REHEARSAL.

SEE YA SUCKERS!

>> Jon: WASH THAT HAND!

WASH THAT HAND!

HOLD ON.

>> Stephen: WHAT AM I THINKING.

>> Jon: GOT TO BE READY AND STAY VIGILANT.

>> Stephen: LAST NIGHT DONALD TRUMP PREEMPTED ALL PROGRAMMING

TO ADDRESS A WORRIED NATION AND REMIND THEM HE'S THE THING THEY

SHOULD REALLY WORRY ABOUT.

>> WE WILL BE SUSPENDING ALL TRAVEL FROM EUROPE TO THE UNITED

STATES FOR THE NEXT 30 DAYS.

THESE PROHIBITIONS WILL NOT ONLY APPLY TO THE TREMENDOUS AMOUNT

OF TRADE AND CARGO, BUT VARIOUS OTHER THINGS, AS WE GET

APPROVAL.

>> Stephen: PEOPLE BAN DOESN'T SEEM TO MAKE MUCH SENSE AS ONE

FORMER DEPARTMENT OF HOMELAND SECURITY OFFICIAL PUT IT, THE

VIRUS IS HERE IN THE U.S., THE FOCUS NEEDS TO BE ON TAKING

ACTION HERE, TREATING PEOPLE AND TESTING PEOPLE.

THIS SEEMS TO BE POINTLESS.

THE VIRUS IS ALREADY HERE.

IT'S LIKE IN A HORROR MOVIE, SOMEBODY HEARING THE KILLER IS

ALREADY INSIDE THE HOUSE AND RESPONDING WITH, OH, NO, I

BETTER GO LOCK ALL THE DOORS, THEN I'LL LEAVE THIS AXE ON THE

BATHROOM SINK AS I TAKE A SHOWER, LA, LA, LA, HONEY, IS

THAT YOU?

COME ON IN!

LOO, LOO!

I'M ALL SOAPY!

I'VE GOT MY EYES CLOSED SO I CAN'T READ THE SCRIPT!

IS IT OVER IN IT'S OVER.

WHEN WALL STREET HEARD ALL TRADE WAS BEING SUSPEND THEY DID

FREAKED OUT.

HERE'S A PICTURE OF DOW FUTURES FROM THE MOMENT TRUMP'S SPEECH

STARTED TO ONE HOUR LATER.

I DON'T KNOW MUCH ABOUT FINANCE BUT I DO KNOW THE RULE, LINE GO

DOWN, PANTS GO BROWN.

OKAY?

E.F. HUTTON SAID THAT ORIGINALLY.

>> Jon: OH, YEAH?

THAT'S WHY PEOPLE WOULD LISTEN.

ASK YOUR GRANDPARENTS ABOUT THAT REFERENCE.

WHEN E.F. HUTTON TALKS, PEOPLE LISTEN.

THAT'S RIGHT.

I BELIEVE THEY ARE ASH CAN AT THIS POINT.

AN HOUR AFTER HIS SPEECH TRUMP LEAPT ON TWITTER TO CORRECT

HIMSELF -- PLEASE REMEMBER, VERY IMPORTANT FOR ALL COUNTRIES AND

BUSINESSES TO KNOW THAT TRADE WILL IN NO WAY BE AFFECTED BY

THE 30-DAY RESTRICTION ON TRAVEL FROM EUROPE.

THE RESTRICTION STOPS PEOPLE, NOT GOODS.

PLEASE REMEMBER, VERY IMPORTANT FOR ALL COUNTRIES AND BUSINESSES

TO KNOW, NOTHING I SAY IS TRUE, PAY NO ATTENTION TO THE MAN

BEHIND THE BRONZER.

( LAUGHTER ) A NIGHT'S SLEEP DID NOT MAKE THE

MARKETS FEEL ANY BETTER ABOUT TRUMP'S PERFORMANCE BECAUSE

RIGHT AFTER THE OPENING BELL THE DOW DROPPED 700 POINTS TRIPPING

AUTOMATIC CIRCUIT BREARKZ TO HALT TRADING.

I WISH LIFE THAT DID AUTOMATIC CIRCUIT BREAKERS, OTHER THAN

THIS SWITCH.

>> Jon: FLIP THAT ONE.

>> Stephen: WHAT AM I SUPPOSED TO DO?

NO MORE PURELLE.

I'M HOPING TO DRINK ENOUGH OF THIS I SWEAT OUT THE

STERILIZING.

>> Jon: MM-HMM.

( PIANO RIFF ) JOHN, YOU DON'T DRINK AT ALL.

>> Jon: NO.

>> Stephen: YOU DON'T DRINK AT ALL.

>> Jon: NO.

>> Stephen: HOW DO YOU CALM DOWN?

>> Jon: MUSIC.

>> Stephen: OKAY.

>> Jon: YOU KNOW.

>> Stephen: BUT I DON'T KNOW HOW TO PLAY A PIANO.

>> Jon: YOU CAN LISTEN TO MUSIC.

>> Stephen: TRY ME OUT.

YOU PLAY SOMETHING, I'LL HAVE A SIP OF BOURBON AND COMPARE THE

CALMING EFFECT.

>> Jon: OKAY.

>> Stephen: SO READY, GO.

♪ ♪

♪ ( LAUGHTER )

♪ ♪

>> Stephen: YOU CAN STOP NOW.

( PIANO RIFF ) ( LAUGHTER )

ONE OF THE THINGS THAT HAD TO FREAK OUT WALL STREET WAS

TRUMP'S BODY LANGUAGE.

HE HAD A RAKISH FLAIR THAT CAN ONLY BE DESCRIBED AS STARK

TERROR.

NOT SO MUCH DEER IN THE HEAD LIGHTS AS DEER IN THE OVAL

OFFICE.

AAAHHH!

AAAHHH!

AAAHHH!

AAHHH!

OH, SNAP.

NO, DON'T FOLLOW ME!

AAAHHH!

( LAUGHTER ) >> Stephen: I'VE HAD A LITTLE

TOO MUCH OF THIS STUFF OVER HERE.

BECAUSE IT WAS A TRUMP SPEECH, WORDS NOT DO GOOD.

FOR INSTANCE, HE GETS A LITTLE TRIPPED UP HERE.

>> I AM CONFIDENT BY COUNTING AND CONTINUING TO TAKE THESE

TOUGH MEASURES -- >> Stephen: NOT VERY

REASSURING WHEN THE GUY TELLING US TO STAY CALM ABOUT A

RESPIRATORY VIRUS LOSES HIS BREATH IN THE MIDDLE OF A

TWO-SYLLABLE WORD.

( AS TRUMP ) I'M YOUR PRES I-DENT.

TRUMPS REMARKS ON CAMERA WERE A DISASTER AND HIS OFF CAMERA

MARKS.

A MOMENT BEFORE THE SPEECH, UNAWARE THE CAMERA WAS ROLLING.

>> DO YOU LIKE THE BOOK BEING ON THE DESK OR NOT?

OR WOULD YOU RATHER HAVE IT NOT BE.

>> HAVE IT THERE JUST IN CASE.

MAYBE IT LOOKS BETTER.