Coronavirus tally: Good news on cases, deaths and another vaccine offset by concerns of new strain

/ / Uncategorized

Americans got a double dose of good news on the COVID-19 front over the weekend, as new case, death and hospitalizations fell over the weekend, and Moderna Inc. started shipping the second vaccine. There were 179,801 new COVID-19 cases reported in the U.S. on Sunday, down from 193,947 on Saturday and from 251,447 on Friday, according to data provided by the New York Times. At least 1,422 people died on Sunday, down from 2,628 on Saturday and 2,815 on Friday, the New York Times data show. And hospitalizations fell for three straight day to snap a long streak of records, to 113,663 on Sunday from 113,929 on Saturday and 113,955 on Friday, according to the COVID Tracking Project. It can’t all be good, however, as the good news was offset by concerns over a new COVID-19 strain in the U.K., that may be more contagious than the original strain. That sent the global stock markets in a tailspin, with futures for the Dow Jones Industrial Average tumbling 676 points. Overall, the U.S. has had 17,847,630 COVID-19 cases as of Monday morning and 317,684 deaths, according to data compiled by Johns Hopkins University. The U.S. had roughly one-fifth of the global total for cases, which rose to 76,895,589, and for deaths, which grew to 1,694,715.
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.