Here's what you need to know about the coronavirus right now:
The mural"My Child, Our Air" by Craig Cundiff is pictured in Seattle's Georgetown neighbourhood as efforts continue to help slow the spread of coronavirus disease in Seattle, Washington, U.S. March 24, 2020. REUTERS/Jason RedmondU.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic pressure of the coronavirus outbreak, negotiators said on Wednesday.
Of the twenty past instances when the S&P rallied 8% or more in a single day, thirteen of them took place when stocks were in the embrace of a bear market.There are over 420,000 cases of coronavirus reported across 196 countries, according to a Reuters tally at 0200 GMT on Tuesday. Almost 19,000 deaths are linked to the virus.
The United States now has the third-highest number of cases globally, after it added almost 11,000 cases in the past day. The WHO warned it could become the virus’ new epicenter.
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