Covid-19 cases approach 1.5 million. Deaths approach 90,000 as the world continues to fight the coronavirus.
Global mortality – the number of deaths relative to the number of confirmed cases – is around 6%, according to figures from the Johns Hopkins Coronavirus Resource Center. This site has confirmed cases; there are no data on asymptomatic carriers and recoveries.
Mortality in France, Italy and the United Kingdom is over 10%. These are the countries most affected by the deaths. South Korea, Germany and Canada each have death rates below 3%. In the United States, mortality is around 3.4%. The US figure is high due to the high death rate in the New York area.
New York City and surrounding areas remain the epicenter of the American epidemic. New York City reports more than 81,000 cases and 4,500 deaths, or 19% of the total cases and 30% of deaths for the nation. Health officials insisted on the need to “flatten the curve.”
In the United States, newly diagnosed cases hover around 30,000 a day, down slightly from record levels. Newly diagnosed cases around the world hover around 70,000 a day, also slightly below peak levels.
The Covid-19 pandemic has sent stocks on an incredible ride recently. the
Dow Jones Industrial Average
rose 3.4% on Wednesday and is up 11.3% since the start of the week. the
also rose 3.4% and was up 10.5% for the week.
The stocks looked set to take a break on Thursday, before the long Easter weekend, but turned around 30 minutes before opening. Futures on Dow rose 1%. S&P futures contracts increased 0.7%.
“This level from 2,740 to 2,750 [for the S&P] is interesting. It’s right there [the rally] failed [Tuesday] Said a veteran trader. “Closed just at this level. What will we see [Thursday] brings. “
Write to Al Root at [email protected]