People wait in a line to buy face masks at a retail store in the southeastern city of Daegu on February 25, 2020. JUNG YEON-JE | Getty Images This is a live blog. Please check back for updates. Global cases: At least 110,029, according to the latest figures from the […]
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All but four of Apple’s stores in mainland China have reopened after coronavirus shutdown
Apple staff and customers, wearing facemasks to protect against the COVID-19 coronavirus, are seen on the shop premises in Beijing on February 22, 2020. Nicolas Asfouri | AFP | Getty Images All of Apple’s retail stores in mainland China apart from four are now open after the coronavirus outbreak forced […]
Dow futures rise more than 500 points, erase 400-point loss after Trump floats payroll tax cut
Stock futures rose in overnight trading Monday after the S&P 500’s worst day since the financial crisis. As of 9:54 p.m. ET Monday, futures on the Dow Jones Industrial Average gained about 530 points, indicating an opening jump of more than 550 points on Tuesday. S&P 500 futures and Nasdaq-100 futures also […]
Coronavirus live updates: South Korea reports 131 new cases, 3 more deaths
A female Chinese volunteer from Blue Sky Rescue wears a protective suit as she fumigates and disinfects an area of a local bus station on March 7, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. Global cases: At least […]
MLB, MLS, NBA and NHL restrict locker room access amid coronavirus concern
File photo David Duprey Four major North American professional sports leagues said on Monday they were temporarily restricting locker room access to players and “essential staff” amid the global coronavirus outbreak that has affected sporting events internationally. The Major League Baseball, Major League Soccer, National Basketball Association, and National Hockey […]
Jim Cramer: Four steps the federal government should take to stave off coronavirus-induced recession
CNBC’s Jim Cramer on Monday laid out four moves he thinks the U.S. government could take to stave off a potential coronavirus-induced recession. The major stock indexes all sold off more than 7%, putting more pressure on bond yields, due to ongoing fears of the COVID-19 virus’ impact coupled with […]
Trump floats payroll tax cut, other financial relief amid coronavirus outbreak
President Donald Trump on Monday said he will be meeting with Senate and House Republicans on Tuesday to discuss “a possible tax relief measure” that would provide “a timely and effective response to the coronavirus.” “We are to be meeting with House Republicans, Mitch McConnell, and discussing a possible payroll […]
Coronavirus live updates: New Jersey declares state of emergency as cases surge in tri-state area, Italy extends its quarantine to the entire country
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: At least 113,584, according to data compiled by Johns Hopkins University. Global deaths: At least […]
Dow futures rise more than 300 points, erase 400-point loss after Trump floats payroll tax cut
Stock futures rose in overnight trading Monday after the S&P 500’s worst day since the financial crisis. Futures on the Dow Jones Industrial Average gained about 350 points, indicating a higher open of about 400 points on Tuesday. The S&P 500 futures also traded 30 points higher. Dow futures were down […]
Dow futures fall more than 200 points following the market’s worst day since the financial crisis
Stock futures fell in overnight trading Monday, pointing to more trouble ahead after the S&P 500’s worst day since the financial crisis. Futures on the Dow Jones Industrial Average dropped 273 points, indicating a drop of about 225 points at Tuesday’s open. The S&P 500 futures also traded about 30 points […]