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MarketWatch MarketPulseApr 01, 2020
UPDATE: COVID-19 case tally: More than 900,000 worldwide, U.S. tops 200,000
The number of cases of COVID-19 topped the 900,000 mark on Wednesday, while the number of deaths rose above 45,000 according to aggregated data from Johns Hopkins Whiting School of Engineering's Centers for Systems Science and Engineering. There are now 905,279 cases globally and 45,497 people have died, the data show. About 190,710 people have recovered from the novel coronavirus that has sickened people in 180 countries. The U.S still has the most number of cases worldwide, at 203,608 and 4,476 deaths. Italy has the second highest number of cases at 110,574 but the highest mortality rate at at least 13,155 deaths. Spain's tally rose above 100,000 Wednesday to 102,136 and at least 9,053 deaths. China, where the virus was first detected in December, has 82,361 cases and 3,316 deaths. Germany has 76,544 cases and 858 deaths; France has 52,870 cases and at least 3,532 deaths. Iran has 47,953 cases and at least 3,036 deaths. The UK counted 29,842 cases and the number of deaths now stands at 2,357, after more than 500 people died overnight for the first time since the start of the outbreak.

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USA Today MoneyApr 01, 2020
Stocks falter as US death toll from coronavirus tops 4,500
U.S. stocks tumbled Wednesday as rising numbers of deaths from coronavirus dampened the outlook for the global economy.       

Yahoo BusinessApr 01, 2020
The Oil Market Crash Is Starting to Claim Victims Across America
(Bloomberg) -- The unprecedented collapse in global oil markets is wreaking havoc in all corners of the North American crude industry, pushing shale drillers, deepwater-equipment haulers and oil-sand miners to desperate measures.In the space of less than an hour on Wednesday, a former high-flying shale operator and an offshore transport company filed for bankruptcy. A short time later, a Texas shale driller was reported to be in talks with restructuring advisers, while a Canadian crude producer warned it may shut an oil-sands mine.The depredation is evident from the Rocky Mountains to the deep seas off Rio de Janeiro as debt-laden companies struggle to survive on ever-shrinking streams of cash. Even before the Covid-19 outbreak crushed energy demand and global stockpiles swelled, many operators were already fatally flawed entities teetering on the brink.The latest casualty is Whiting Petroleum Corp., a champion of what was once the premier U.S. shale field. The company filed for bankruptcy on Wednesday. Saddled with $3.6 billion in debt, Whiting is the most illustrious of the shale explorers thus far humbled by the worst oil rout in history.American crude has surrendered two-thirds of its value this year and just closed out its worst-ever quarterly performance. As many as 70% of the nation's 6,000 oil explorers eventually may go under, according to Mizuho Securites USA LLC analyst Paul Sankey, as the twin blows of Covid-19 and a Russia-Saudi price war destroy producers like Whiting.Far from th

Reuters BusinessApr 01, 2020
Oil market shock to spill over into global supply chains: IEA
The global crisis caused by the coronavirus pandemic will be felt throughout oil's global supply chains and ripple into other parts of the energy sector, the International Energy Agency (IEA) said in a report on Wednesday.

Google Business NewsApr 01, 2020
Dow Jones Industrial Average Tumbles Toward Its Worst Start of a Quarter Since 1932 - Barron's
Dow Jones Industrial Average Tumbles Toward Its Worst Start of a Quarter Since 1932  Barron'sStocks stumble as US coronavirus cases top 200,000  Fox BusinessDow Jones Futures: Stock Market Rally Stalls As US Coronavirus Cases Soar; Amazon, AMD, Nvidia, Microsoft Set Up  Investor's Business DailyGlobal stocks and US futures drop after Trump issues dire warning  CNN
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