The US Stock Market roared to life Wednesday after a week of sell-offs related to fears from the global Coronavirus, with the Dow Jones Industrial Average gaining more than 1100 points in a single day.
“The Dow Jones Industrial Average soared 1,173.45 points higher, or 4.5%, to 27,090.86. The S&P 500 jumped 4.2% to 3,130.12, while the Nasdaq Composite advanced 3.8% to 9,018.09. The Dow posted its second-highest point gain ever, and it was the second time in three days that the 30-stock average swung 1,000 points or higher,” reports CNBC. “With Wednesday’s rally, all three major averages moved out of correction territory, meaning they are now less than 10% down from their 52-week highs. The tech-heavy Nasdaq also turned positive on the year, up 0.5% in 2020.”
“With Wednesday’s rally, all three major averages moved out of correction territory, meaning they are now less than 10% down from their 52-week highs. The tech-heavy Nasdaq also turned positive on the year, up 0.5% in 2020,” adds the website.
Read the full report at CNBC.
CORONAVIRUS in NYC: Manhattan Woman Diagnosed with Coronavirus After Traveling to Iran
New York Governor Andrew Cuomo confirmed the state’s first case of Coronavirus in Manhattan over the weekend; raising health concerns over a potential outbreak in the country’s largest city.
“We have learned of the 1st positive case of COVID-19 in NY. The patient contracted the virus while in Iran & is isolated. There is no reason for undue anxiety—the general risk remains low in NY. We are diligently managing this situation &will provide info as it becomes available,” posted the Governor on social media.
We have learned of the 1st positive case of COVID-19 in NY. The patient contracted the virus while in Iran & is isolated
There is no reason for undue anxiety—the general risk remains low in NY. We are diligently managing this situation &will provide info as it becomes available. pic.twitter.com/rLnObvrg3R
— Andrew Cuomo (@NYGovCuomo) March 2, 2020
“The patient has respiratory symptoms, but is not in serious condition and has been in a controlled situation since arriving to New York,” Governor Cuomo said in a statement.
“Gov. Andrew M. Cuomo on Sunday confirmed New York State’s first case of the coronavirus, saying that a woman contracted the virus while traveling in Iran and is now in New York City isolated in her home,” writes the New York Times. “A woman in her 30s who had traveled in Iran contracted the virus and is now isolated at home.”
Read the full report here.
Source: New York Times
'SICKENING': Backlash Grows Against Denver Democrat Who Supported Spreading Coronavirus at MAGA Rallies
Denver’s Democratic Councilwoman Candi CdeBaca is facing a growing backlash on social media this week after calling for those sick with the deadly Coronavirus to intentionally spread the disease at ‘Make America Great Again’ rallies.
“Democrat Denver Councilwoman Candi CdeBaca says that she stands in ‘solidarity’ with someone who says that they if they get the coronavirus that they will attend as many Trump rallies as possible She appears to have made the statement on her government Twitter account,” posted a reporter with the Daily Wire.
These people are sick. https://t.co/74mEIJDOpa
— Donald Trump Jr. (@DonaldJTrumpJr) March 3, 2020
“These people are sick,” posted Donald Trump Jr.
“This elected Democrat in Colorado doesn’t seem very nice!” the Trump campaign War Room Twitter account posted in response.
— Trump War Room – Text TRUMP to 88022 (@TrumpWarRoom) March 3, 2020
Read the full report here.
Source: Fox News