This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 1,407,100
- Global deaths: At least 80,759
- US cases: More than 383,200
- US deaths: At least 12,021
The data above was compiled by Johns Hopkins University.
3:37 pm: France is fourth country to pass 10,000 coronavirus deaths
A couple wearing face masks in front of the Eiffel Tower.
France has officially registered more than 10,000 deaths from coronavirus infections, making it the fourth country to cross that threshold after Italy, Spain and the United States.
The rate of increase in the number of fatalities also rose for the second consecutive day, official figures showed.
Jerome Salomon, head of the public health authority, told a news conference the pandemic was still expanding in France, which is now in the fourth week of a national lockdown to try to curb its spread.
But he said the number of serious coronavirus cases being treated in intensive care units had risen by only 0.8% in the previous 24 hours — the eighth consecutive day that this rate has decelerated.
Salomon said the number of people who have died in French hospitals after contracting the coronavirus had risen to a cumulative total of 7,091. But if partial data on deaths in nursing homes is included, the death toll from the disease is now 10,328, he said.
The total number of confirmed coronavirus cases in hospitals is now 78,167, and the number of confirmed or possible cases in nursing homes is 30,902. —Reuters
3:07 pm: After New York-area cuts, United slashes flights in California as COVID-19 drives down demand
United Airlines is cutting back service in California, one of its biggest markets, as travel demand continues to plunge. The Chicago-based airline will reduce its flights at Los Angeles International Airport from 33 a day to 13 and at San Francisco International Airport to 50 flights per day from 65. “This action also will require fewer employees to be on-site in those locations, making social distancing procedures easier to execute,” Greg Hart, United’s chief operations officer, told employees. The changes come just days after the airline announced even deeper cuts in New York, which has about 140,000 reported cases of COVID-19, more than any other state. —Leslie Josephs
2:55 pm: Patients with autoimmune diseases are running out of hydroxychloroquine
As President Trump has repeatedly and aggressively touted hydroxychloroquine as a potential cure for the novel coronavirus, the drug has been flying off the shelves at pharmacies. Earlier in the month, autoimmune patients could find it at a pharmacy in the area, even if it meant calling up a handful. But as of this week, several doctors told CNBC there are widespread shortages across many states, and it’s gotten challenging to find it anywhere.
The John Hopkins’ Lupus Center describes hydroxychloroquine as helping reduce flareups in some patients “as much as 50%,” noting that some may be on the drug for the rest of their lives to help keep their symptoms at bay. Hydroxychloroquine is the most commonly prescribed for autoimmune conditions versus other antimalarials because it’s generally believed to cause fewer side effects.
In light of the shortages, doctors treating autoimmune patients are pressing policymakers and drug manufacturers to increase the production as quickly as possible. —Christina Farr
2:45 pm: Jobless Americans to see extra payments as soon as this week
Americans who have lost their jobs due to the new coronavirus will start getting enhanced jobless benefits as soon as this week as states deploy hundreds of billions of dollars in federal aid, state officials said.
Congress approved an additional $600 weekly payment for jobless workers as part of an unprecedented $2.3 trillion rescue package signed into law by President Donald Trump on March 27.
It could take several weeks for that money to filter through federal and state bureaucracies into the bank accounts of many of the millions of Americans who have been thrown out of work.
Qualifying New York residents will see the additional benefit payments this week, said Deanna Cohen, a spokeswoman for the state Department of Labor. In Missouri, payments will start going out as early as the week of April 12, according to the state Labor Department.
Officials in Maine and California said they have not yet figured out when they will be able to distribute the money. Other states did not immediately respond to requests for comment. —Reuters
2:34 pm: New York relaxes testing requirement for students to graduate amid virus shutdown
The New York State Education Department announced it’s canceling the June 2020 administration of the state high school Regents Examinations, in response to the COVID-19 pandemic. The Department is making modifications to assessment requirements that all students must meet in order to graduate high school. These changes apply to all students enrolled in grades 7 through 12 during the 2019-2020 school year.
The Department said in a statement that students who were going to take one or more Regents exams in June will be “exempted from the requirements pertaining to passing such 2 examinations in order to be issued a diploma.” The eligibility requirements for students to qualify for the exemption are listed on the statement.
All students in New York State must pass five Regents exams with a score of at least 65 to graduate. —Jasmine Kim
1:55 pm: New Jersey closes most public parks, extends stay-at-home order as deaths surge
New Jersey is extending its public health emergency and closing all state and county parks as coronavirus deaths hit the highest single-day increase in COVID-19 deaths yet, Gov. Phil Murphy announced.
Murphy said 232 people died of the coronavirus over the past day, bringing the state total to 1,232. He added that 3,361 people tested positive in the past day, which brings the total in New Jersey to 44,416.
“We have also lost, and this is sadly our highest toll to date, we have lost another 232 of our precious fellow New Jerseyians to COVID-19-related complications,” he said. “The best way we can protect this New Jersey family is by social distancing.” —Will Feuer
1:27 pm: Wisconsin voters go to the polls despite high coronavirus risks
Hali Fisher, 24, waits in line to vote at Riverside High School, 1615 E. Locust St. in Milwaukee on Tuesday, April 7, 2020. The Wisconsin primary is moving forward in the wake of the coronavirus epidemic after Gov. Tony Evers sought to shut down Tuesday’s election in a historic move Monday that was swiftly rejected by the conservative majority of the Wisconsin Supreme Court by the end of the day.
Mike De Sisti | Milwaukee Journal Sentinel | USA Today | Reuters
A day before Wisconsin’s scheduled primary election, Democratic Gov. Tony Evers issued an executive order to suspend in-person voting and extend the deadline for absentee ballots in an effort to reduce voters’ exposure to coronavirus.
Later that day the Republican-led legislature challenged that decision and the Wisconsin Supreme Court court struck down Evers’ executive order. The U.S. Supreme Court then voted 5-4 along ideological lines in favor of the lower court’s decision to overturn the governor’s orders.
On Tuesday, voters lined up to cast their votes for Democratic challengers former Vice President Joe Biden and Sen. Bernie Sanders amidst a national health pandemic that has infected at least 368,449 Americans and killed at least 10,993 of them. —Adam Jeffery
1:14 pm: South Korea’s broad coronavirus testing strategy could flatten curve in US areas, expert says
Travelers wearing protective masks and suits walk through Incheon International Airport in Incheon, South Korea, on Monday, March 9, 2020.
SeongJoon Cho | Bloomberg | Getty Images
“Broad testing” of people for the coronavirus as was done in South Korea could significantly slow the spread of the disease in parts of the United States that now have relatively few cases of COVID-19, an infectious diseases expert said.
It remains to be seen, however, whether enough reliable coronavirus tests and sufficient supplies of related equipment can be deployed in those regions quickly enough to flatten the disease’s upward curve there. The areas include large swaths of the West.
South Korea has been lauded for knocking down its outbreak after employing an aggressive strategy of testing more than 440,000 people for the coronavirus, along with other mitigation measures.
The United States currently is engaged in an emergency effort to “flatten the curve,” or the rate of increase in new COVID-19 cases, in order to avoid overwhelming the capacity of hospital systems and to lower the death rate from the virus. —Dan Mangan
1:01 pm: New coronavirus cases in Italy fall to 25-day low, deaths rise by 604
Deaths from the coronavirus epidemic in Italy rose by 604, a lower daily tally than the 636 seen the day before, while the number of new cases posted the smallest increase since March 13.
The total death toll in the world’s hardest-hit country since its outbreak came to light on Feb. 21 rose to 17,127, the Civil Protection Agency said.
The total of confirmed cases increased by 3,039 on Tuesday to 135,586, the second successive daily decline, underscoring growing confidence that the illness is on the retreat thanks to a nationwide lockdown introduced on March 9.
New cases rose by 3,599 on Monday. Previous daily increases since March 17 had all been in a range of 4,050-6,557. —Reuters
12:52 pm: Your lender might let you miss a few mortgage payments
Homeowners whose finances have been battered by the coronavirus might want to think again before postponing their mortgage payments.
Congress has offered some relief to mortgage borrowers who are experiencing financial strain from the pandemic, which has left a flood of layoffs in its wake.
The Coronavirus Aid, Relief, and Economic Security act has a provision that would allow affected homeowners to apply for up to a 12-month reprieve on some mortgages.
Borrowers aren’t being forgiven. Instead, the state and federal COVID-19 measures call for forbearance – the postponement or reduction of the loan payment due. —Darla Mercado
12:32 pm: Stocks jump for a second day, Dow gains more than 700 points
12:24 pm: Cramer: Wall Street’s ‘happy days are here again’ story is not what I’m hearing on Main Street
CNBC’s Jim Cramer said Wall Street’s recent optimism over an apparent slowdown in coronavirus cases is not shared by many Americans on Main Street.
“There is a ‘happy days are here again’ Wall Street impression versus what I hear … people saying, ‘Can I get a mask? How do I get a mask? Do I want an N95?'” Cramer said on “Squawk on the Street.”
“Look, I like it. I love optimism … but I don’t like getting sick,” Cramer said, adding he feels there’s more trepidation toward restarting something resembling a normal life than the stock market’s recent moves are showing. —Kevin Stankiewicz
12:08 pm: Senate will vote to pass more small business aid Thursday, McConnell says
Senate Majority leader Mitch McConnell said he hopes to approve further funding for the small business loan program on Thursday.
“I will work with Secretary Mnuchin and Leader Schumer and hope to approve further funding for the Paycheck Protection Program by unanimous consent or voice vote during the next scheduled Senate session on Thursday,” he said in a statement.
Sen. Marco Rubio flagged the news in a tweet moments before McConnell’s statement. —Lauren Hirsch, Jacob Pramuk
11:58 am: House Democrats urge Boeing to take federal aid as plants shut down over coronavirus pandemic
House Democrats representing Washington state have urged Boeing to accept government aid to help weather the coronavirus pandemic after the plane-maker’s chief executive balked at the possibility of government equity stakes in exchange for the relief.
“Given the severe harm the nation’s aerospace industry and hardworking women and men at the Boeing company are experiencing during this pandemic, we hope you will consider utilizing the economic assistance provided by the CARES Act to safeguard thousands of jobs at Boeing in Washington state and across the country,” said a letter sent Monday to Boeing CEO Dave Calhoun from Rep. Rick Larsen. Larsen, a Democrat from the state, is chairman of the House’s aviation subcommittee. It was signed by six other lawmakers from the state, where Boeing employs about 70,000 people.
Boeing has not yet decided whether it will apply for federal aid and is awaiting the guidance from the Treasury Department about conditions and requirements for the relief, according to a person familiar with the matter. —Leslie Josephs
11:49 am: Markets ‘totally unprepared’ for how long economies will take to normalize after coronavirus, economist says
Stock markets are “totally unprepared” for how long economies will take to normalize after the coronavirus crisis, one strategist told CNBC.
Global markets have been plunged in turmoil as investors reacted to the escalating coronavirus crisis. The Dow Jones Industrial Average and S&P 500 were down by around 20% over the first quarter, while European stocks posted their worst quarter since 2002. However, many indexes have rallied in recent days as data suggested the spread of COVID-19 in Europe and the U.S. could be starting to slow.
Steen Jakobsen, chief economist at Saxo Bank, said the optimism could be premature, claiming investors were failing to price in the long-term fallout of the crisis.
“I still think the market is totally unprepared for what is coming in terms of when we open up,” he told CNBC’s “Squawk Box Europe” Tuesday. “The market is celebrating, and very rightly so, that we have a flattening out of the curve right now in terms of people being infected, but the real economic drama will be when we get to the other side of this, because opening up will take month upon month.” —Chloe Taylor
11:25 am: New York deaths jumped by 731 Monday, the single-biggest daily increase, Gov. Cuomo says
Coronavirus deaths in New York surged by 731 on Monday, the single-biggest daily jump in COVID-19 fatalities since the outbreak began a few months ago, Gov. Andrew Cuomo said Tuesday.
The jump in fatalities comes even as intensive care admissions start to decline, giving the state some needed breathing room to ramp up supplies and staff to handle an expected wave of cases over the next few weeks, he said. So far, 5,489 people in the state have died from the coronavirus, accounting for roughly half of all deaths in the U.S.
New York is the epicenter of the outbreak in the United States, with more than half of cases in the state in New York City, according to data compiled by Johns Hopkins University. —Berkeley Lovelace Jr., William Feuer, Noah Higgins-Dunn
11:14 am: Jeff Bezos’ Blue Origin is 3D printing parts for face shields
Blue Origin workers from its BE-4 rocket engine team are volunteering to make plastic pieces needed for face shields, the company said in a video released Tuesday. The rocket company has about 38 types of plastics that it can 3D print in house, with printers working day and night to make the parts.
Blue Origin joins fellow rocket builders Virgin Orbit and SpaceX in producing supplies and devices needed by hospitals to combat the coronavirus pandemic. —Michael Sheetz
10:43 am: NYC Mayor Bill de Blasio says the number of patients needing ventilators has ‘improved’
New York City Mayor Bill de Blasio said the number of coronavirus patients being placed on ventilators in recent days has been better than expected, giving the city precious time to secure needed supplies for a wave of patients expected to hit hospitals in the next few weeks.
“We’ll have to see in the days ahead if it’s something that’s sustained and something that deepens,” he said at a press conference in front of the Alfred E. Smith public elementary school in downtown Manhattan on Tuesday. “But I want to at least note a little improvement in the last few days, and thank God for that.”
There are at least 72,181 confirmed COVID-19 cases and 3,485 deaths in New York City, the worst outbreak in the U.S., Johns Hopkins University data said Tuesday morning. Roughly 22% of the cases in New York City have ended up hospitalized, according to the NYC Health Department. That’s more than double the global hospitalization rate, according to the World Health Organization. —William Feuer, Noah Higgins-Dunn
10:39 am: University presidents, athletic administrators take pay cuts due to financial problems
Stanford University is enacting a 20% pay cut for Provost Persis Drell and President Marc Tessier-Lavigne amid a financially challenging time as the university faces increased costs to deal with the coronavirus pandemic, Drell said.
University of Oregon President Michael Schill also announced he will take a voluntary 12% pay cut. The institution’s 10 vice presidents and athletic director are taking 10% cuts. These reductions are expected to last six months but could be extended to the end of the 2020-2021 school year.
The University of Southern California joined in reducing the salaries of its senior leadership officers. Carol Folt, the university president, will take a 20% reduction while the provost, senior vice presidents and deans will take 10% cuts.
“Despite our resilience and liquidity, the magnitude of the shock will be significant. We are experiencing sizable additional costs associated with stopping the spread of COVID-19 in our 80,000 strong community and we are suffering a significant decline in many important sources of revenue,” USC Provost Charles F. Zukoski and senior vice president of finance James M. Staten said in a statement. —Jasmine Kim
10:10 am: House Democrats to hold a conference call with Pence, Fauci, Birx on coronavirus response
Vice President Mike Pence and other key members of the White House coronavirus task force will hold a conference call with House Democrats on Wednesday to provide an update and field questions about the U.S. response to the pandemic.
The White House team, which is led by Pence, will update the House Democratic caucus on multiple facets of the response effort, including the status of supplies and supply chains, a source familiar with the task force told CNBC. The team will also provide a breakdown of current data and modeling on the virus, the source said.
National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci and coronavirus response coordinator Dr. Deborah Birx are also set to attend the phone conference, which is scheduled for 1 p.m. ET. —Kevin Breuninger, Lauren Hirsch
9:47 am: India allows limited exports of anti-malaria drug after Trump warns of retaliation
India, the world’s main supplier of generic drugs, said Tuesday it will allow limited exports of the anti-malaria drug hydroxychloroquine that President Donald Trump has touted as a potential weapon in the fight against the coronavirus.
The Indian government had put a hold on exports of hydroxychloroquine as well as on the pain reliever paracetamol, saying stocks were depleting because of the hit to global supply chains after the coronavirus emerged in China late last year.
But Trump spoke to Prime Minister Narendra Modi over the weekend seeking supplies and on Monday said India may face retaliation if it didn’t withdraw the ban on exports.
India’s neighbors, including Nepal, have also sought the anti-malaria drug. —Reuters
9:33 am: Stocks surge for a second day amid signs of a slowdown in new virus cases, Dow jumps 800 points
Stocks rallied on Tuesday, building on the strong gains from the previous session, as investors grew more optimistic about a decline in new coronavirus cases.
The Dow Jones Industrial Average traded 846 points higher at the open, or more than 3%. The S&P 500 gained 3.2% while the Nasdaq Composite surged 2.8%.
Stocks surged on Monday as a slew of coronavirus headlines pointed to a potential stabilization in the U.S. The Dow soared 1,600 points, posting its third-biggest point gain ever. The S&P 500 jumped 7% to its highest level since March 13. With Monday’s rally, the S&P 500 bounced about 20% from its 52-week low on March 23. —Fred Imbert, Yun Li
9:28 am: NJ Democratic says the Garden State is flattening the coronavirus curve
The coronavirus pandemic is beginning to show signs that it is nearing a peak in New Jersey, Rep. Josh Gottheimer, D-N.J., told CNBC on Tuesday.
“What we’re doing is working,” Gottheimer said on “Squawk Box.” “Our death toll is still way too high, and it’s just awful the number of people who are sick. … But the good news is it seems there is some light on the horizon.”
There are more than 41,000 confirmed cases of COVID-19 in New Jersey, according to Johns Hopkins University data. More than 1,000 people have died.
Gottheimer said about 20% of the state’s cases have been in his northern New Jersey district, which includes Bergen and Sussex counties. —Kevin Stankiewicz
9:24 am: US coronavirus test results
9:12 am: Major League Baseball discussing plan to play all games in Arizona after coronavirus stoppage
Major League Baseball has discussed the possibility of playing all games in Arizona, with teams stationed in confined environments, according to multiple reports. Clubs would play games at spring training ballparks around the Phoenix area as part of MLB’s plan to resume operations after the coronavirus pandemic forced the worldwide suspension of sports. Chase Field, home of the Arizona Diamondbacks, is also an option.
The Associated Press said league officials discussed the plan with the MLB Players Association on Monday, days after President Donald Trump spoke U.S. with sports commissioners to examine the economic effect the virus is having on leagues.
Trump met with reporters after the call, saying he wants to see fans back in arenas as soon as possible. —Jabari Young
8:42 am: The latest US case counts
8:19 am: UK Prime Minister Boris Johnson ‘stable’ but remains in intensive care
A spokesperson for U.K. Prime Minister Boris Johnson said he was “stable” and in “good spirits,” but remained in intensive care after his coronavirus symptoms worsened Monday afternoon.
Speaking to reporters, the spokesperson said Johnson had received oxygen treatment but was breathing without any other assistance. —Holly Ellyatt
8:09 am: Walgreens to open 15 drive-thru testing sites for the coronavirus across 7 states
Walgreens plans to open 15 drive-thru testing locations for the coronavirus across seven states, starting later this week.
The sites will be in Arizona, Florida, Illinois, Kentucky, Louisiana, Tennessee and Texas, the drugstore chain said in a news release. They will use Abbott Laboratories‘ rapid COVID-19 test.
Walgreens said in a news release that it chose the new sites with the Department of Health and Human Services based on anticipated hot spots for cases of COVID-19. It said it expects to test up to 3,000 people per day across the sites.
Testing is free for people who meet the Centers for Disease Control and Prevention’s criteria. The rapid COVID-19 test, which the sites will use, delivers positive results in as little as five minutes and negative results within 13 minutes. —Melissa Repko
7:10 am: USNS Comfort crewmember tests positive
A military officer next to the USNS Comfort Navy hospital ship located at Pier 90 to care for patients not related to Covic-19 on March 31, 2020 in New York City.
Pablo Monsalve | Getty Images
A crewmember on the Navy hospital ship sent to New York City to originally treat noncoronavirus patients tested positive for COVID-19 on Monday, the Navy said.
“The crewmember is isolated from patients and other crewmembers,” the Navy said in a statement to NBC. “There is no impact to Comfort’s mission, and this will not affect the ability for Comfort to receive patients. The ship is following protocols and taking every precaution to ensure the health and safety of all crewmembers and patients on board.”
The Comfort, which is docked on Manhattan’s West Side, was deployed to relieve the city’s hospitals of noncoronavirus patients. However, President Donald Trump agreed on Monday to allow the 1,000-bed hospital ship to be used to treat COVID-19 patients.
The ship until now has been used to treat just a handful of patients without COVID-19, leading to criticism that it has been of little or no help with the hospital crisis in New York. —Will Feuer
6:55 am: VW plans to partially reopen a plant in Spain on April 20
Volkswagen hopes to partially reopen its plant in Spain’s Navarra region on April 20 after its closure in mid-March, a spokesman said.
The plant in northern Spain should reopen with one of its three daily shifts working four days in the first week, the plant spokesman said. The goal is to add a second shift the following week, depending on how well the supply chain works, he said.
All workers would wear masks and gloves, and the plant’s disinfection would be intensified, he added. The plant has around 4,800 workers and produces the Polo and T-Cross models. —Reuters
6:30 am: Another UK minister self-isolates, media reports
Foreign Secretary Boris Johnson and Environment Secretary Michael Gove leave 10 Downing Street on June 15, 2017 in London, England.
Chris J Ratcliffe | Getty Images News | Getty Images
U.K. Cabinet minister Michael Gove has gone into self-isolation for seven days after a member of his family came down with symptoms of COVID-19, Sky News and other news agencies reported.
Gove is the latest in a string of U.K. politicians and officials who have self-isolated after they, or family members, displayed symptoms of the virus. Prime Minister Boris Johnson remains in intensive care after his coronavirus symptoms worsened Monday. —Holly Ellyatt
5:30 am: Spain sees uptick in daily deaths
Mortuary employees wearing face masks transport a coffin of a COVID-19 coronavirus victim at La Almudena cemetery on April 04, 2020 in Madrid, Spain.
Carlos Alvarez | Getty Images
Spain reported 5,478 new cases in the last 24 hours, taking the total number to 140,510, the health ministry said.
The number of deaths has risen by 743 cases to 13,798, that’s above the 637 deaths recorded the previous day. —Holly Ellyatt
4:47 am: Japan declares state of emergency, prepares near $1 trillion stimulus
Japanese Prime Minister Shinzo Abe has declared a state of emergency to fight coronavirus infections in major population centers and has unveiled a stimulus package worth 108 trillion yen ($990 billion).
Abe announced the state of emergency targeting the capital Tokyo and six other prefectures — accounting for about 44% of Japan’s population — for a period of about one month, Reuters reported.
“We have decided to declare a state of emergency because we’ve judged that a fast spread of the coronavirus nationwide would have an enormous impact on lives and the economy,” he told parliament earlier.
His Cabinet will also finalize the stimulus package — which is equal to 20% of Japan’s economic output — to cushion the impact of the epidemic on the world’s third-largest economy. — Holly Ellyatt