China Reports Over 1,280 Coronavirus Cases, Death Toll At 41

BEIJING — China’s most festive holiday began in the shadow of a worrying new virus Saturday as the death toll surpassed 40, an unprecedented lockdown kept 36 million people from traveling and authorities canceled a host of Lunar New Year events.

On Wall Street, stocks slumped amid fears over the widening crisis, with the Dow Jones Industrial Average losing 170 points and the S&P 500 posting its worst day in three months. Health care companies suffered losses, along with financial institutions, airlines and other tourism and travel industry businesses.

Authorities in Wuhan and elsewhere put out calls for medicine, disinfection equipment, masks, goggles, gowns and other protective gear. The rapid increase in reported deaths and illnesses does not necessarily mean the crisis is getting worse. It could instead reflect better monitoring and reporting of the newly discovered virus, which can cause cold- and flu-like symptoms, including cough, fever and shortness of breath, but can worsen to pneumonia.

“We see how difficult it is in today’s world to close the frontiers. In reality, it’s not possible,” she said. Buzyn said authorities are seeking to reach anyone who might have come in contact with the patients: “It’s important to control the fire as quickly as possible.” With Chinese authorities afraid that public gatherings will hasten the spread of the virus, the outbreak put a damper on Lunar New Year. Temples locked their doors, Beijing’s Forbidden City, Shanghai Disneyland and other major tourist destinations closed, and people canceled restaurant reservations ahead of the holiday, normally a time of family reunions, sightseeing trips, fireworks displays and other festivities in the country of 1.4 billion people.

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