100 days after the first case of coronavirus . . .
New York City is beginning to reopen today.
The Big Apple has had a total of 205,000 cases and 22,000 deaths.
This week amid the reopening, as many as 400,000 people may return to work in construction, manufacturing and retail stores with curbside pickup.
More than 885,000 jobs disappeared in New York during the outbreak. Those people are starting to get back to work with Phase 1 of reopening.
The slowdown in business is causing a $9 billion budget shortfall for the city.
The Big News…
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New Hotspots: Meatpacking Plants and Prisons
The biggest hotspots for Covid-19 include meatpacking plants and prisons. In fact, 39 of the 40 largest clusters of the outbreak are accounted for by these types of facilities.
Britain Implements Two-Week Quarantine
Travelers to the U.K. must self-quarantine for 14 days after entering the country. Violations can result in fines of $1,200.
New Zealand Eliminates Virus
New Zealand is reporting that it has eliminated the Covid-19 virus. The country has zero active Covid-19 cases. As a result, the country is reopening and allowing life to return to 100% normal as it had been before the coronavirus.
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The Coronavirus Numbers
Here are the numbers from Monday at 12:30 p.m. ET.
- 7,144,918 Infected worldwide
- 407,367 Deaths
- 2,013,600 Infected in the U.S.
- 112,639 Deaths in the U.S.
Stocks extended last week’s rally.
Last week’s positive jobs report sent stocks soaring on Friday as America continues reopening. And those stock market gains are being extended with the start of this trading week.
In midday trading, the S&P 500 was up 0.4% and the Dow was up by 0.8%.
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