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Covid Is Making a Comeback. The Stock Market Is Watching.

Covid Is Making a Comeback. The Stock Market Is Watching.

A medical worker takes a nasal swab sample from a student to test for Covid-19 on October 8 in New York City.


ANGELA WEISS/AFP via Getty Images

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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

and

Eli Lilly

trials.

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.

Al Root

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