Coronavirus live news: markets fall over fears of long US recovery as Brazil cases top 800,000
US Federal Reserve concerned about possible second wave; global cases near 7.5m; Russia infections pass half a million; Follow the latest updates
Stocks fell sharply Thursday on Wall Street as coronavirus cases in the US increased again, deflating recent optimism for a quick economic recovery and raising more doubts about how long the market’s scorching comeback can last, AP reports.White House coronavirus taskforce, said he was"very concerned the protests could trigger new infections"., according to John Hopkins University data.Pandemic scenes from around the world EPA Copyright: EPA With the easing of Italy's lockdown, staff at the Museum of the Treasure of San Gennaro in Naples are disinfecting exhibits ahead of its reopening on Saturday Image caption: With the easing of Italy's lockdown, staff at the Museum of the Treasure of San Gennaro in Naples are disinfecting exhibits ahead of its reopening on Saturday AFP Copyright: AFP All Thai train services have resumed after a three-month hiatus because of the pandemic.
The Dow Jones Industrial Average sank more than 1,800 points, almost 7%, and the S&P 500 dropped 5.9%, its worst day since mid-March, when stocks went through repeated harrowing falls as the virus lockdowns began."A situation where you have a lot of confusion and a little bit of chaos, people running back and forth, taking their masks off, being close in proximity, that does pose a risk.The S&P 500 rallied 44.Download the new Independent Premium app Sharing the full story, not just the headlines Download now Whilst one million Americans contracted the virus within the initial three months of the pandemic, the past one million cases were contracted within six weeks, according to the data.5% between late March and Monday, erasing most of its losses tied to the pandemic.Referencing a report in the journal Nature on Europe's lockdowns, Ms McEnany said mitigation efforts had saved about 3 million lives in the US.\nThe selling comes as coronavirus cases rise in the US, with some of the increase likely tied to the reopening of businesses and the lifting of stay-at-home orders.The Kremlin has denied under-reporting the numbers of deaths from the virus Image caption: A makeshift memorial to health workers who have died from Covid-19 has been set up in St Petersburg, Russia.
Cases are climbing in nearly half the states, according to an Associated Press analysis, a worrying trend that could intensify as people return to work and venture out during the summer."So those are two very encouraging studies underscoring the work of the American people.Investor optimism for a speedy recovery was also dimmed by the Federal Reserve, which wa.Read more:
Another 100,000 US coronavirus deaths by September, doctor warnsFears that an uptick in cases and hospitalisations since Memorial Day could worsen following nationwide protests No need to warn It's just math Mostly protesters... Hardly a surprise with that classless bellend in charge lol x
US coronavirus cases have officially passed 2 million20 states see increased Covid-19 spread after restrictions eased Owner of the Independent & KGB Spy, Alexander Lebedev, will have approved this message
Coronavirus updates: US markets down amid fears of second virus surge - BBC NewsFines issued for breaching coronavirus regulations fall dramatically since lockdown measures eased across England and Wales You know we pay licence fee for this crap Have I missed the point? Oh BBC - you can do better! (Usually do) Since Dom was caught red-handed more like.
PMQs LIVE: UK coronavirus death figures 'haunt us', Sir Keir Starmer tells Boris JohnsonIan Blackford questions the PM after he told the liaison committee that he 'does not actually read the scientific papers' on coronavirus. In response, Boris Johnson says he has 'read a huge amount'. Follow PMQs live: Johnson is an embarassment to human brain ... Hepworthclare Read a huge amount... and understood nothing Poll on who reads the most scientific papers.
US bars and restaurants are applying ‘coronavirus surcharges’Fee raises the price of a bottle of Corona beer to over £7 😂😂one way to shut yourself down The two tier system is coming fast If businesses want compensating for their loss of income, it should come from those responsible for the lockdown restrictions.
Trump announces surprise campaign rallies despite rising US coronavirus casesThree of first four rally host states have recorded largest seven-day Covid-19 infection rate in June They can go ahead with my blessing. Hoping for lots of handshakes, hugs and energetic chanting. Just what any stable genius would do!