China tries to get back to work as Beijing sets a 14-day quarantine rule for arrivals

This is a live blog. Please check back for updates.

  • Total confirmed cases: More than 64,000
  • Total deaths: At least 1,380

Officials from both the CDC and WHO told reporters that they were concerned about the number of health workers who become ill as coronavirus spread. Currently, no health workers in the U.S. have contracted the virus. Dr. Bernard Camins, medical director for infection prevention at Mount Sinai hospital, joins “Closing Bell” to talk about how medical facilities are preparing for coronavirus in the U.S. —Cheddar Berk

Nearly one in five S&P 500 companies have said China’s virulent coronavirus will impact their revenues or profits, underscoring the far-reaching toll the disease is expected to take on businesses around the world. A CNBC analysis of more than 180 earnings transcripts and other corporate releases since the beginning of 2020 showed a high level of concern. Above is a list of companies that have made comments. Three hundred ninety-two of the 500 S&P components have reported fourth-quarter earnings as of Friday. — Franck 

Stocks were little changed on Friday, but notched a gain for the week, as Wall Street digested the latest batch of consumer data and earnings. Earlier in the week, a spike in new virus cases sparked a selloff, but the S&P 500 and Dow Jones Industrial Average rose 1.6% and 1%, respectively, this week. The Nasdaq gained 2.2%. Both the S&P 500 and the Nasdaq closed Friday at record highs. “Given the uncertainty about how long the COVID-19 crisis will play out, investors are tending to stick with prior winners and those that are less exposed to Asian economies,” strategists at MRB Partners said in a note. “This is why select growth stocks, especially in the U.S., have been bid up so aggressively in absolute and, especially, relative terms.” — Imbert

The number of reported coronavirus cases continued to grow, with about 1,400 people dead and some 64,000 people around the world sickened, the vast majority in mainland China, researchers at Johns Hopkins said late Thursday. CNBC’s interactive map helps track where the cases are spreading. — Schoen, Lovelace


You may like

In the news
Load More