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 190,000, according to Johns Hopkins University.
- Global deaths: At least 7,519,Â according to Johns Hopkins University.
- U.S. cases: At least 5,702, according to Johns Hopkins University.
- U.S. deaths: At least 94, according to Johns Hopkins University.
The 2020 Summer Olympics haven’t been canceled or postponed. But people are starting to consider the possibility that they’ll be the next major event to go.
The Olympics are set to start July 24 in Tokyo. Yesterday, French Olympic Committee president Denis Masseglia told Reuters that if the COVID-19 coronavirus isn’t contained by the end of May, he couldn’t see how the Olympics could happen on time.
The comment contradicted Japan’s Olympic minister Seiko Hashimoto, who said March 13 that “The IOC and the organizing committee are not considering cancellation or a postponement â absolutely not at all.”Â
The IOC reinforced its commitment to starting the Olympics on time in a statement Tuesday, but hedged Hashimoto’s statement by saying there is “no need for any drastic decisions at this stage.”Â âJabari Young, Alex Sherman
On March 16, the College Board, the organization responsible for the Scholastic Aptitude Tests, known as the SATs, announced that the exam has been canceled through the month of May.Â
“In response to the rapidly evolving situation around the coronavirus (COVID-19), the College Board is canceling the May 2, 2020, SAT administration. Makeup exams for the March 14 administration (scheduled March 28) are also canceled. Registered students will receive refunds,” readsÂ a statementÂ from The College Board. “The College Board will remain focused on student safety and ensuring all students have the tools they need to work, and opportunities to receive the credit they have earned, during this challenging time.”Â âAbigail Hess
The NBA’s Brooklyn Nets said four players tested positive for the COVID-19 virus and one player is exhibiting symptoms. Three of the players are asymptomatic and all four are currently isolated and under the care of team physicians. The Brooklyn Nets is asking all players and members of the travel party to remain isolated and to communicate with team medical staff.
eparately, New York City Mayor Bill de Blasio was asked at a press conference whether there was a cluster of cases in the Williamsburg area of Brooklyn, which is near where the team plays at the Barclays Center. But he denied any knowledge of an outbreak in the popular neighborhood.Â âDawn Kopecki, Melodie Warner
Stocks surged Tuesday â rebounding from their worst day in more than three decades â as Wall Street cheered White House plans that could inject $1 trillion into the U.S. economy to cushion the blow of the coronavirus.
The Dow Jones Industrial Average traded 900 points higher, or 4.7%. It briefly dipped below 20,000 for the first time since February 2017. The S&P 500 was up 4.6% while the Nasdaq Composite gained 6%.Â âFred Imbert