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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.

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.



CNBC FinanceApr 01, 2020
Stock market live Wednesday: Dow down 900, second quarter begins, Trump's warning
A conversation of everything moving markets on Wednesday, including President Donald Trump's latest comments on the coronavirus outbreak.

MarketWatch MarketPulseApr 01, 2020
Calvin Klein maker PVH earnings damaged by COVID-19 pandemic
PVH Corp. shares rose more than 7% in the extended session Wednesday, after the company warned investors about the damaging effects of the COVID-19 pandemic on its businesses and beat earnings and revenue estimates. The apparel company reported a fourth-quarter net loss of $68.5 million, or 93 cents a share, compared with net income of $158.7 million, or $2.09 a share, in the year-ago period. Adjusted for items such as a non-cash loss on its Speedo acquisition, among other items, earnings were $1.88 a share versus $1.84 a year ago. The company said earnings per share were impacted negatively by 25 cents because of additional inventory reserves as a result of the onset of the coronavirus pandemic. Revenue rose to $2.6 billion from $2.48 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.72 a share on revenue of $2.47 billion. For the first quarter, analysts model adjusted earnings of $1.16 a share and sales of $1.94 billion. PVH said that it was not issuing guidance due to the COVID-19 pandemic and that its first quarter and full-year results will be hurt by the outbreak. PVH said it was halting stock buybacks, suspending its dividend beginning in the second quarter, reducing capital expenditures and eliminating discretionary spending; the apparel maker also said it was drawing down $750 million of its over $1 billion revolving credit facility. PVH stock has fallen 74% in the past year, with the S&P 500 index falling 9.9%.

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.



CNBC BusinessApr 01, 2020
Florida, Pennsylvania issue statewide stay-at-home orders amid coronavirus outbreak
Florida Gov. Ron DeSantis and Pennsylvania Gov. Tom Wolf issued statewide orders Wednesday mandating all residents stay at home during the coronavirus outbreak.

USA Today MoneyApr 01, 2020
Amazon workers in Michigan plant to walk out, as third coronavirus case confirmed
Employees are demanding the company take action to protect their health and safety amid the coronavirus outbreak.       

CNBC BusinessApr 01, 2020
Watch live: World Health Organization holds a press conference on the coronavirus outbreak
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 873,700 people across the globe.

CNBC BusinessApr 01, 2020
Mt. Sinai Health launches coronavirus app to track outbreak across the New York City
The logged data could alert health care providers about growing clusters of cases in the specific communities in the city.

Reuters BusinessApr 01, 2020
EU industry chief sees no quid pro quo in Chinese firms' 'mask diplomacy'
EU industry chief Thierry Breton says he does not see any ulterior motive behind Huawei [HWT.UL] and other Chinese companies' donations of face masks to the bloc and that solidarity is the best way to tackle the global coronavirus outbreak.

FT.com - Financial MarketsApr 01, 2020
Stocks retreat after worst quarter since 2008 financial crisis
Coronavirus outbreak worsens in US and new surveys point to heavy global economic toll

NYTimes BusinessApr 01, 2020
Wall Street Starts Second Quarter With a Plunge: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.

Wall Street Journal US BusinessApr 01, 2020
Coronavirus Outbreak Takes Toll On U.S. Auto Sales
A collapse of showroom traffic in March led to a big drop in U.S. sales for major car companies in the first quarter, illustrating how quickly the coronavirus outbreak has dented business for one of the nation's largest industries.

CNBC BusinessMar 31, 2020
Watch live: New York City Mayor Bill de Blasio holds a press conference on the coronavirus outbreak
New York City Mayor Bill de Blasio is holding a press conference Monday to update the public on the coronavirus outbreak that has infected more than 43,100 people in the city.

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Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak (CNBC Business)
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