Coronavirus update: U.S. registers biggest one-day spike in cases of COVID-19
The U.S. recorded the highest number of new cases of the coronavirus illness COVID-19 in a single day at more than 50,000 on Wednesday, according to data provided by Johns Hopkins University, amid a surge in several states that were first to reopen and lift restrictions on movement.
Read:Florida coronavirus cases surge 46% over the last week — but Gov. DeSantis says he won’t delay state’s reopening plans “There is a general anti-science, anti-authority, anti-vaccine feeling among some people in this country — an alarmingly large percentage of people, relatively speaking,” he said.
The U.K. has 43,991 fatalities, the highest in Europe and third highest in the world. China, where the illness was first reported late last year, has 84,816 cases and 4,641 fatalities. “The end of the lockdowns has allowed for a faster than expected recovery in jobs in the past two months, but more recent events and data suggest much tougher slogging ahead,” said Sal Guatieri, senior economist at BMO Capital Markets.
The U.S. trade deficit widened by 9.7% in May to $54.6 billion, the U.S. Census Bureau and Bureau of Economic Analysis said Thursday. Exports in May fell 4.4% to $144.5 billion, while imports declined 0.9% to $199.1 billion. Total exports are down 32% from May 2019, while imports are down 25%, as the coronavirus pandemic slows global trade.
Other companies were putting their reopening plans on hold amid the spike in new cases. McDonald’s Corp. MCD, -0.15% paused the reopening of dine-in service and said it would wait at least three weeks before adding it to its current drive-through, takeout and delivery operations, the Wall Street Journal reported.
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