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MarketWatch MarketPulseJul 10, 2020
Coronavirus tally: Global cases of COVID-19: 12.3 million, 555,324 deaths and 39 U.S. states see rising cases
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 12.3 million on Friday, according to data aggregated by Johns Hopkins University, with the U.S. leading the way by far with 3.12 million cases. The number of deaths grew to 555,324, while the number of people who have recovered reached 6.8 million. The U.S. death toll is 133,291. Within the U.S., infections have climbed in 39 states and regions over the past 14 days, according to a New York Times tracker, with California, Texas and Florida leading the way. Brazil is second to the U.S. with 1.76 million cases and 69,184 deaths. India is third measured by cases at 793,802, followed by Russia with 712,863 and Peru with 316,448. The U.K. has 44,687 fatalities, the highest in Europe and third highest in the world. China, where the illness was first reported late last year, has 84,992 cases and 4,641 fatalities.

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MarketWatch MarketPulseJul 10, 2020
Express shares jump 13% premarket as retailer says sales and traffic improving as stores reopen
Clothing retailer Express Inc.'s shares jumped 13% in premarket trade Friday, after the company said same-store sales and traffic are improving as most of its stores have reopened after being closed for the coronavirus pandemic. The Columbus, Ohio-based company said about 95% of its stores are now open and the rest are expected to do so in the coming weeks. "With each successive wave of store openings, sales and traffic improved steadily week over week through the third week in June, with sales outpacing traffic due to higher conversion levels," the company said in a statement. Same-store sales have improved to negative 15% in the third week of June from negative 50% in early May. However, same-store sales and traffic declined in Arizona, California, Florida and Texas in late June, as COVID-19 cases began to spike. The company has buy online and pick up in store capabilities at more than 275 stores and plans to have all stores enabled by the end of the third quarter. "Results in stores have been negatively impacted by multiple factors, including reduced mall traffic due to COVID-19 and the cancellation of June and July product, the latter causing the assortments to not yet be fully reflective of the Company's new vision but deemed prudent in order to effectively manage liquidity," said the company. Shares have fallen 69% in the year to date, while the S&P 500 has fallen 2.4%.

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.



MarketWatch MarketPulseJul 10, 2020
IEA slightly improves oil demand forecast for 2020, but says much hinges on Covid-19
The International Energy Agency (IEA) on Friday predicted slightly improved global oil demand for 2020, but said much hinges on the progression of the pandemic. "The recent increase in Covid-19 cases and the introduction of partial lockdowns introduces more uncertainty to the forecast," the global energy authority said in its July report. The IEA estimates that global oil demand this year will average 92.1 million barrels per day, down by 7.9 million barrels per day versus 2019, a slightly smaller decline than forecast in the last report. "This is mainly because the decline in 2Q20 was less severe than expected," it said. For 2021, demand will be 97.4 mb/d; but due to the improved outlook for 2020 the recovery next year is lower at 5.3 mb/d. Crude prices remained under pressure, with West Texas Intermediate crude down 1.7% to $38.93 a barrel and Brent crude, the international benchmark, off 1.3% to $41.77 a barrel.

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.



MarketWatchJul 09, 2020
Coronavirus update: Global cases of COVID-19 top 12 million, and WHO warns pandemic is ‘not under control'
The number of confirmed cases of the illness caused by the coronavirus rose above 12 million on Thursday, as the World Health Organization warned that the pandemic is still accelerating and most countries do not have it under control.

Google Business NewsJul 09, 2020
Oregon's coronavirus count reaches record-breaking heights with 389 new cases and 6 deaths on Thursday - OregonLive
Oregon's coronavirus count reaches record-breaking heights with 389 new cases and 6 deaths on Thursday  OregonLiveOregon and Portland Set New Daily Records of COVID-19 Cases as Virus Surges Through a Reopened State  Willamette WeekGood Afternoon, News: Oregon Breaks COVID Record, Supremes v. Donald Trump, and Police "Forced" to Use Tear Gas  The Portland MercuryCrook County health official offers details on first COVID-19 death from C. Oregon  KTVZ
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