This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.Â
- Global cases: More than 135,000, according to data compiled by Johns Hopkins University.
- Global deaths: At least 4,977,Â according toÂ data compiled by Johns Hopkins University.
- US cases: At least 1,701, according to data compiled by Johns Hopkins University.
- US deaths: At least 40, according to data compiled by Johns Hopkins University.
Here are today’s key headlines:
- Trump is set to declare a national emergency
- Louisiana postponesÂ its Democratic primary, the first state to do so
- Europe is now the ‘epicenter’ of the coronavirus pandemic, WHO says
- The Masters and other major golf tournaments are postponed
- Warren Buffett says Berkshire’s annual meeting will be held without shareholders
Two of Paris’ most iconic tourist attractions are closing because of the coronavirus.
The Louvre museum, which houses Leonardo da Vinci’s Mona Lisa and the Venus de Milo sculpture, said it is shutting down until further notice. The Eiffel Tower is closing until health conditions reallow it to open, according to the landmark’s management.
France has 2,882 confirmed cases and 61 deaths from the virus, according to data compiled by Johns Hopkins University.Â âHannah Miller
Disney is halting the production of some of its live-action films as concerns over the growing coronavirus pandemic worsen.
“While there have been no confirmed cases of COVID-19 on our productions, after considering the current environment and the best interests of our cast and crew, weÂ have made the decision to pause production on some of our live-action films for a short time. We will continue to assess the situation and restart as soon as feasible,” the company said in a statement.
This move could impact films like “The Little Mermaid,” “Shang-Chi and the Legend of the Ten Rings,” “Home Alone,” “The Last Duel,” “Nightmare Alley,” as well as “Peter Pan & Wendy” and “Shrunk.”Â âSarah Whitten
Stocks rose sharply in volatile trading Friday as Wall Street tried to rebound from the sharp losses suffered in the previous session â the worst since the “Black Monday” market crash in 1987.
The Dow Jones Industrial Average traded about 900 points higher, or more than 4%. At one point, the Dow was up more than 1,300 points and on pace for its biggest one-day gain since March 2009.
The S&P 500 was up 4% while the Nasdaq Composite surged 3.6%. Both indexes were up more than 6% at one point. Investors awaited a news conference from President Donald Trump on the coronavirus outbreak.Â âFred Imbert, Yun Li, Eustance Huang
New York state now has more cases than any other state in the U.S. as the number of newly confirmed infections surged by 30% overnight to 421,Â New York Gov. Andrew Cuomo said Friday.
“This is not going to be a quick situation. This is going to be weeks, months,” Cuomo said at a press conference in Albany, N.Y. “My guess is there are thousands and thousands of cases walking around the state of New York.”
Earlier in the day, Cuomo’s office confirmed thatÂ New York will begin its first “drive-through” testing center for COVID-19 in New Rochelle, where cases have surged in recent weeks. âBerkeley Lovelace, William Feuer, Noah Higgins-Dunn