Morning Market Report - March 30, 2020
US Cases Exceed 143,000 - Social Distancing Extended Through April
The total number of cases in the U.S. reached 143,055 Monday morning, this is up from only 85,000 on Friday, according to data compiled by Johns Hopkins University.
Total confirmed cases worldwide now sits at 737,929.
Source: Johns Hopkins University
Total confirmed cases worldwide now sits at 737,929.
Source: Johns Hopkins University
Trump extends distancing guidelines through April 30 to keep US death toll below 100,000
President Donald Trump reversed himself on Sunday, extending national social-distancing guidelines to April 30 in effort to keep the projected coronavirus death toll in the U.S. from reaching a catastrophic, worst-case scenario.
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Johnson & Johnson says human testing of its coronavirus vaccine to begin by September
Johnson & Johnson said Monday human testing of its experimental vaccine for the coronavirus would begin by September and that it could be available for emergency use authorization in early 2021. The company said it is also increasing its manufacturing capacity with a new site in the U.S. and additions to previously existing sites in other countries to produce and distribute the potential vaccine quickly.
Source: CNBC
Source: CNBC
Amazon workers plan strike at Staten Island warehouse to demand coronavirus protections
"Amazon warehouse workers at a fulfillment center in Staten Island, known as JFK8, are planning to walk out on Monday. The workers are striking to demand that Amazon close the facility after an associated tested positive for the coronavirus there last week. While only one case has been reported publicly, JFK8 workers claim managers aren’t being transparent about how many people are sick with the virus and say at least seven people have the coronavirus."
Source: CNBC
Source: CNBC
10 Year Note
TFNN Tiger's Den Open House
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You can sign up for a month and pay nothing for 30 days. Just enter promo code 'OPEN' at checkout for the Tiger's Den to start your free membership now!
Click here to start your free 30-day Tiger's Den membership now!