Coronavirus tally: Global cases of COVID-19 top 18.8 million, 708,036 deaths, Fauci says pandemic may not be tamed until end 2021

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The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 18.8 million on Thursday, according to data aggregated by Johns Hopkins University, and the death toll rose to 708,036. At least 11.3 million people have recovered. The U.S. case tally climbed to 4.8 million and the death toll rose to 158,256. President Donald Trump said again Wednesday that the virus will go away soon, while Dr. Anthony Fauci, head of the National Institute for Allergies and Infectious Diseases, said it may not be brought under control until late 2021. Brazil is second to the U.S. with 2.9 million cases and 97,256 deaths. India is third measured by cases at 1.9 million, followed by Russia with 870,187 and South Africa with 529,877. Mexico has 456,100 cases and 49,698 deaths, the third highest in the world. The U.K. has 307,271 cases and 46,295 fatalities, the highest in Europe and fourth highest in the world. China, where the illness was first reported late last year, has 88,423 cases, and 4,678 fatalities.|Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.