Hundreds of Scientists Scramble to Find a Coronavirus Treatment
Working at a breakneck pace, a team of hundreds of scientists has identified 50 drugs that may be effective treatments for people infected with the coronavirus. Many scientists are seeking drugs that attack the virus itself. But the Quantitative Biosciences Institute Coronavirus Research Group, based at the University of California, San Francisco, is testing an […]
Goldman says the bull market will end soon with stocks dropping another 15%
Goldman Sachs’ top U.S. stock strategist said Wednesday that the longest U.S. bull market in history will meet its demise soon, with equities seeing significant losses beyond what they’ve already suffered over the last three weeks.
Top Coronavirus Doctor in Wuhan Says High Blood Pressure Is Major Death Risk
Patients with hypertension appear to be at a higher risk of dying from the coronavirus, said a top Chinese intensive care doctor who’s been treating critically ill patients since mid-January.
Market sell-off is a ‘gross overreaction’ to a ‘severe but manageable flu,’ Morningstar says
The coronavirus is likely to exert a much smaller human and economic toll than current appearances suggest, according to a Morningstar analysis that runs contrary to some of the gloomier forecasts that have helped pound the stock market.
JPMorgan says the stock sell-off is overdone and recession risk is overblown
Financial markets should be able to recover from the recent sell-off with the help of the Federal Reserve and the U.S. government, according to JPMorgan Chase.
CDC tells people over 60 or who have chronic illnesses like diabetes to stock up on goods and buckle down for a lengthy stay at home
Many Americans will be exposed to COVID-19 over the next year or so with many people in the U.S. getting sick, a top CDC official said Monday, recommending that people over 60 and anyone with chronic medical conditions buckle down for a lengthy stay home.
All but four of Apple’s stores in mainland China have reopened after coronavirus shutdown
All of Apple’s retail stores in mainland China apart from four are now open after the coronavirus outbreak forced the iPhone maker to close its shops for an extended period of time.
Focus on Apple and other ‘tech winners for next 5-10 years’ during this market selloff, Wedbush says
Wedbush Securities analyst Dan Ives said in note on Monday that investors should “focus on Apple during this sell-off.”
Job growth smashes expectations for February as unemployment falls back to 3.5%
Nonfarm payrolls grew far more than expected in February as companies continued to hire leading into a growing coronavirus scare.
How the stock market has performed during past viral outbreaks, as coronavirus spreads to Italy and Iran
U.S. equity markets have experienced turbulent trade recently as investors keep watch of a deadly viral outbreak of COVID-19 in China. There are now 79,407 cases of COVID-19 in 32 countries and 2,622 deaths, according to the most recent reports.