The futures index plummeted by nearly 900 points amid concerns about the revival of coronavirus infection
One district in Beijing is located on a time hill and a capital city is banned from tourism after a series of new cases of coronavirus infection have been reported.
European stocks and major U.S. indices are poised to open on lower Monday amid concerns about the revival of coronaviruses in Asia, especially Beijing and the United States when Electric Lock work. voice drops.
According to the IG report.
The future above the Dow Jones industrial average fell 778 points, implying a drop of more than 850 points on Monday. The S&P 500 and NASDAQ-100 in the future also point to a second drop for the two indices.
Report an increase in new cases of new coronary heart disease daily
Reuters wrote that states in the reopening process including Alabama, California, Florida and North Carolina are reporting an increase in new cases of coronavirus infections daily. Texas and North Carolina reported a record number of virus-related hospitalizations on Saturday.
Meanwhile, Governor Andrew Cuomo warned New Yorkers not to activate the second wave of coronaviruses.
CDC warns of a second wave of coronaviruses when countries lock their doors
States may need to lock in if the coronavirus case spikes, the CDC is a warning.
If cases begin to rise again, especially if they increase sharply, it is important to realize that mitigation efforts such as those repeated in March may be needed again. , Jay Jay Butler, deputy director of the agency for infectious diseases, said the sixth reporter.
However, the second wave of courses can be implemented at the local level, instead of across the state, Butler said.
Right now, communities are experiencing different levels of transmission that occur as they diminish their efforts to minimize the community and gradually reopen, he said.
Beijing County in Weather wartime emergency weather after the Spike Virus closed the market
A Beijing district is located on Belgian wartime lands and the capital was banned from traveling on Saturday after a series of new coronavirus infections gathered around a major wholesale market. A new wave of COVID-19, Reuters reported.
Concerns are causing the second pandemic, infecting more than 7.66 million people worldwide and killing more than 420,000 people, even in many countries that seem to have stopped spreading.
Zhou Junwei, an official in the northwest Beifang district, told a brief meeting on Saturday that the area was in wartime emergency mode.
Closing the US economy is not an option
Despite the spike in U.S. COVID-19 cases and a warning from the CDC, Treasury Secretary Steven Mnuchin told CNBC that a second shutdown to slow COVID-19 was not an option. feasible because it will cause a lot of damage. Education
We may close the economy again. I think we have learned that if you shut down the economy, you will create more damage, Mr. Mnuchin said in an interview with CNBC Tricking Jim Cramer on Squ Squawk Street.
And not only are economic losses, but there are other areas and we talked about this issue: health issues and everything else is being postponed, he added. I thought it was very cautious what the president did, but I think we learned a lot.