Coronavirus live updates: Fears fuel sell-off, CDC unveils new test kits, online grocery orders surge

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  • Total confirmed cases: More than 83,700
  • Total deaths: At least 2,859

The Trump administration plans to release guidelines “very soon” that will expedite the commercial development of test kits, Health and Human Services Secretary Alex Azar told reporters in front of the White House on Friday. “Private labs throughout the country will be able to come forward and get very streamlined access to approval by the FDA to be able to use that test to really enhance the capacities that we have here in the United States on testing,” he said. Earlier in the day, the CDC announced it would roll out new test kits for state and local labs. The announcements come after California officials and epidemiologists raised concerns about limited testing capability in the U.S. —Feuer

The Dow Jones Industrial Average fell more than 350 points Friday to cap off its worst week since the 2008 financial crisis. Worries over the coronavirus and its impact on the global economy rattled investors and sent major stock averages tumbling. For the week, the Dow fell more than 3,500 points — or more than 12%. —Salinas, Imbert

The Centers for Disease Control and Prevention said it’s increasing coronavirus testing capabilities at state and local labs after California officials criticized the agency for delaying testing on a state resident who has COVID-19. Dr. Nancy Messonnier, director of the CDC’s National Center for Immunization and Respiratory Diseases, announced Thursday on a conference call that the agency has released a new diagnostic test for COVID-19. The CDC, she said, also rolled out guidelines for how state and local health labs can correct previously faulty test kits sent out by the CDC. The changes, she said, will improve the country’s ability to quickly identify and treat COVID-19 patients. “Our goal is to have every state and local health department online, doing their own testing by the end of next week,” she said. —Feuer

FreshDirect is seeing an increase in orders that the company thinks could be driven by coronavirus. The New York-based online grocer said on its website that it is experiencing delays with deliveries because of the high volume. “We have experienced growth across the board, particularly in high-trust categories including fresh seafood, fresh chicken, baby food, baby and family health products as well as household cleaning and disinfectant items,” Scott Crawford, chief merchant officer, said in a statement to CNBC. “Anecdotally, we believe the increase in demand may be related to COVID-19 (coronavirus) media reports and preparedness and as a result, customers are opting for online grocery shopping.” —Miller

Source: https://www.cnbc.com/2020/02/28/coronavirus-latest-updates-outbreak.html

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