NYC Has Record Number of Deaths; Fauci Raises Hope: Virus Update [Yahoo! Finance News]
General Electric Company (GE)
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Source: Yahoo! Finance News
NYC Has Record Number of Deaths; Fauci Raises Hope: Virus Update) -- Anthony Fauci, the top U.S. infectious-disease expert, said the final death toll from the virus may be lower than earlier estimated. With the U.S. is on track to overtake Italy in fatalities, New York City reported a record 824 deaths in the past 24 hours.Stocks rallied after the Federal Reserve acted to provide as much as $2.3 trillion in aid, even as huge numbers of Americans applied for jobless benefits.Spain reported fewer deaths and is poised to extend a nationwide lockdown. Curbs are also likely to remain in Britain, where Prime Minister Boris Johnson continues to improve in intensive care. Tighter measures in Germany probably won’t be necessary, Chancellor Angela Merkel said.Key Developments:Global cases top 1.5 million; deaths pass 89,900: Johns HopkinsSpain, Italy to extend lockdowns amid persistent rise in casesCostly CT scans filling virus testing void for U.S. doctorsUBS, Credit Suisse will split payouts
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