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Articles related to "tuesday"


Tuesday was Bernie Sanders' last meaningful day as a presidential candidate

  • The problem for Sanders is that after the Wisconsin primary, there's simply not many potential winners -- or even states voting -- for him on the calendar.
  • "Today I say to the Democratic establishment, in order to win in the future, you need to win the voters who represent the future of our country and you must speak to the issues of concern to them," Sanders said in his concession speech on March 10.
  • The Wisconsin primary has been a massive mess for weeks, as the Democratic governor and Republican-led state legislature were unable to agree on changes that would avoid having voters turn out in person amid a stay-at-home order designed to limit the spread of coronavirus.
  • But Sanders, who had called on the primary to be rescheduled last week, made clear that his campaign would not be conducting any sort of traditional get-out-the-vote operation in Wisconsin.

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Boy, 13, becomes UK's youngest coronavirus victim

  • London (CNN) - A 13-year-old boy in London is thought to be the UK's youngest known victim of the novel coronavirus.
  • According to a breakdown of victims of COVID-10 published by Britain's office of National Statistics, the boy is thought to be the youngest known victim of the novel Coronavirus in the UK.
  • "It is with great sadness to announce that the younger brother of one of our teachers at Madinah College has sadly passed away," the page read, adding that the boy apparently had no pre-existing health conditions and "died without any family members close by due to the highly infectious nature of Covid 19".
  • A 12-year-old girl died from Covid-19 in Belgium on Monday, a spokeswoman for the Belgian Health ministry told CNN.

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US states race to fight the nearly 400,000 coronavirus cases with long-awaited medical shipments

  • And those numbers could be higher, as Dr. Deborah Birx told reporters Tuesday that there might have been early deaths that were not counted as coronavirus-related but should have been.
  • Though there is no approved treatment for the virus, Florida is set to receive a million doses Wednesday of hydroxychloroquine, a drug that some doctors have been using in the fight, according to Florida Gov. Ron DeSantis.
  • Thanks to so many people in the United States staying home and socially distancing, CDC Director Dr. Robert Redfield told a Tucson radio station Monday that the coronavirus death toll in the US could be "much lower" than model estimates have shown.
  • Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, has said the hope is to have one in 12-18 months, but other experts say that is an optimistic goal.

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Stock investors are hunting for positives, but many on Wall Street see a move back to the lows

  • This week's reprieve from gut wrenching stock market losses has investors giving some companies and sectors a fresh look, but strategists still believe there could be another downdraft that tests the lows put in place two weeks ago.
  • Consumer staples was among the worst performers Tuesday, off 1.2%,  but the sector had among the shallowest losses of the past month, as consumers stocked up on canned goods, cleaning supplies and other household products.
  • Materials stocks lost 11.9% over the past month on fears about economic slowing, but were up 2.4% Tuesday and 10% for the week.
  • Dan Suzuki, strategist with Richard Bernstein Advisors, said investors are still too optimistic, and he's expecting a retest of lows.
  • Investors are forgetting an important lesson from 2008, when the stock  market rallied more than 20% off the bottom in fall of 2008, only to fall 30% to 40% by March, 2009 when it bottomed for real.

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US stock futures fall after markets finished down Tuesday

  • New York (CNN Business) - US stock futures were down after-hours Tuesday, following a day when US stocks lost steam into the close and finished lower after a hot start to the trading day.
  • Dow futures dropped 33 points, or around 0.2%.
  • S&P 500 futures were down about 0.2% and Nasdaq Composite futures were down 0.07%.
  • Earlier, the Dow finished 0.1%, or 26 points, lower.
  • At its highest point, the index was up 937 points.
  • The S&P closed down 0.2%.
  • The Nasdaq Composite finished 0.3% lower.
  • US crude rose 2.7% on Tuesday to trade around $24.26 a barrel.
  • Brent crude — the global benchmark — was up about 1.8%.
  • The rise in US oil prices arrives days ahead of an OPEC meeting with Russia on Thursday to discuss oil production cuts in response to plummeting demand and to deescalate a price war.

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BOQ defers interim dividend

  • Bank of Queensland has deferred the payment of its interim dividend, the morning after the prudential regulator called for any decisions on shareholder returns to be vigorously stress tested and discussed with the regulator.
  • BOQ said in a separate ASX statement ahead of the release of its first-half results it "has determined that it is prudent to defer the decision on payment of an interim dividend until the economic outlook is clearer and stress testing results have been discussed with APRA".
  • APRA wrote to all banks and insurers on Tuesday, saying it expected "prudent reductions in dividends" during the crisis and for all shareholder returns to be at a "materially reduced level".
  • The release of its numbers for the half-year ended February 29 comes as BOQ announced an ambitious new strategy on February 27 focused on digital investment and product simplification, before withdrawing its guidance on March 30 citing the coronavirus.

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Jack Dorsey creates $1B COVID-19 relief fund using Square equity

  • Jack Dorsey announced in a series of tweets today that he is shifting $1 billion in his Square equity to create a fund dedicated to COVID-19 relief.
  • The Twitter and Square CEO is calling the fund Start Small and posting a tally of disbursements and recipients in a public spreadsheet.
  • Dorsey said in his announcement that the new initiative will shift the focus to other causes at some point.
  • The first Start Small contribution listed is $100,000 to America’s Food Fund — an effort led by Leonardo DiCaprio and Laurene Powell Jobs dedicated to providing meals to vulnerable populations disrupted by the COVID-19 pandemic.
  • There’s still a lot to learn about Dorsey’s new initiative, including how it will be managed, whether it will make investments (along with donations) and how to apply for funding.

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Stock market news today: Dow, S&P fall on coronavirus outbreak news - Business Insider

  • US stocks slid Tuesday as investors weighed signs that the coronavirus pandemic is slowing in major economies.
  • Recent gains have been driven by an apparent slowdown in coronavirus cases.
  • New York Gov. Andrew Cuomo said Tuesday that hospitalizations are slowing, even though the state reported its highest one-day jump of deaths.
  • There are also positive signs in Asia: China on Monday reported no new deaths from the virus for the first time, and new cases in South Korea have slowed.
  • Despite finishing the day lower, all three major US indexes rallied into a technical bull market early in Tuesday's trading session, marking a 20% rally from recent lows.
  • Sayed said he thinks that markets are repricing the worst-case scenario because of the virus outbreak and that investors moving into risk assets show that they believe a "V-shaped" recovery is coming.

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Stock market news today: Dow, S&P fall on coronavirus outbreak news - Business Insider

  • US stocks slid Tuesday as investors weighed signs that the coronavirus pandemic is slowing in major economies.
  • Recent gains have been driven by an apparent slowdown in coronavirus cases.
  • New York Gov. Andrew Cuomo said Tuesday that hospitalizations are slowing, even though the state reported its highest one-day jump of deaths.
  • There are also positive signs in Asia: China on Monday reported no new deaths from the virus for the first time, and new cases in South Korea have slowed.
  • Despite finishing the day lower, all three major US indexes rallied into a technical bull market early in Tuesday's trading session, marking a 20% rally from recent lows.
  • Sayed said he thinks that markets are repricing the worst-case scenario because of the virus outbreak and that investors moving into risk assets show that they believe a "V-shaped" recovery is coming.

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Crewmember aboard Navy ship dispatched to NYC tests positive for coronavirus

  • Washington (CNN) - A crewmember of the US Navy hospital ship dispatched to New York harbor to help with the coronavirus pandemic has tested positive for the virus and has been isolated from patients and other crew members, a Navy spokesperson said Tuesday.
  • Walsh said the crewmember had no contact with patients.
  • As of Tuesday morning, the ship has treated over 50 patients, according to a defense official.
  • A US defense official tells CNN, "those who had contact with the crew member who tested positive have been tested and will remain in isolation for several days regardless of the test result, out of an abundance of caution.
  • A Navy official tells CNN that because of the directive to treat coronavirus patients, the Comfort will now have half the capacity it would normally have.

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