New Covid-19 infections are rising as the weather turns colder—and the stock market is paying attention.
U.S. coronavirus cases reported Tuesday hit more than 46,000, up about 21% from a week ago, while the seven-day average of new infections, which has been rising steadily since the beginning of October, sits at roughly 51,000, up almost 17% from a week ago.
To this point, more than 7.8 million Americans have become infected with Covid-19. About 3.1 million have recovered. Tragically, more than 207,000 have died. America has roughly 4.5 million active cases.
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, warned Americans about increasing infection rates in the fall, but believes the U.S. can halt the progression. In recent months, he has consistently advocated for wearing a mask, avoiding crowds, staying outside, washing hands and maintaining six feet of social distancing where possible.
The market, however, appears to be betting on vaccines and treatments. On Tuesday, for instance, the
Dow Jones Industrial Average
fell 157.71 points after pauses to
Johnson & Johnson
That’s not a huge drop, which suggests that confidence remains high that Covid will be conquered.
Still, it never hurts to wear a mask.
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