Coronavirus live updates: Spirit cancels New York flights, Spain’s death toll surges

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. 

  • Global cases: More than 800,000
  • Global deaths: At least 38,714
  • US cases: At least 164,610
  • US deaths: At least 3,170

The data above was compiled by Johns Hopkins University.

9:35 am: Stocks fall as the Dow wraps up its worst first quarter ever

Stocks fell on Tuesday, the last day of the first quarter, as investors wrapped up a period of historic market volatility sparked by the coronavirus pandemic.

The Dow Jones Industrial Average traded 88 points lower, or 0.4%. The S&P 500 slid 0.4% along with the Nasdaq Composite.

Tuesday’s losses gave back some of the sharp gains from the previous session. The Dow jumped nearly 700 points on Monday led by an 8% pop in Johnson & Johnson after it announced a vaccine candidate for the coronavirus. The S&P 500 rallied 3.4%. —Fred Imbert, Yun Li

9:32 am: Travelers through TSA checkpoints dropped to 154,080 Monday from 2.3 million last year

The Transportation Security Administration said 154,080 passengers went through a TSA checkpoint yesterday, a sharp drop from 2.3 million travelers on the same day a year earlier and down from 180,002 on Sunday. —Melodie Warner

9:28 am: Wimbledon tennis tournament to be canceled, reports say

England’s Wimbledon tennis tournament is likely to be canceled as event organizers hold an emergency board meeting Wednesday, according to a report from the Financial Times. The Grand Slam tournament was set to start June 29. Major sporting events have been canceled or rescheduled around the world, including the 2020 Olympics in Tokyo, which was postponed March 24. —Hannah Miller

9:19 am: Energy drink sales fell 5% last week as stay-at-home orders discourage convenience store visits

Energy drink sales fell 5% in the week ended March 22, according to a note from Stifel analyst Mark Astrachan. Three quarters of Americans are under some kind of stay-at-home order, discouraging them from visiting convenience stores, which account for about 70% of energy drink sales. Monster Beverage’s sales were flat in the same time period. Coca-Cola Energy’s sales have declined 21% sequentially, and performance energy drink Bang has seen its sales fall 5% over the last two weeks ended March 22. —Amelia Lucas

9:06 am: CDC may recommend people cover their faces in public

Officials at the Centers for Disease Control and Prevention are considering changing its official guidance to encourage people to cover their faces in public amid the coronavirus pandemic, the Washington Post reported, citing a federal official who spoke on the condition of anonymity. The official said the new guidance would make clear that the general public should use do-it-yourself cloth coverings and not medical masks, which are in short supply and needed by health-care workers. —Washington Post 

8:27 am: Stock futures fall more than 1% as the Dow heads for its worst first quarter ever

Stock futures dropped in choppy morning trading, as the market tries to make back some of the deep losses triggered by the coronavirus pandemic.

At 8:22 a.m. ET, futures on the Dow Jones Industrial Average were 287 points lower, or 1.3%. S&P 500 futures traded 1.4% lower while Nasdaq-100 futures slid 1.1%. —Fred Imbert, Yun Li

8:01 am: US continues rapid rise in cases

7:49 am: Walmart will start taking employees’ temperatures before shifts

Walmart said it will soon start taking temperatures and doing basic health screenings of employees to detect workers who may be sick with COVID-19.

The retailer also said it’s ordering masks for employees and will offer masks and gloves for them to wear, if they choose. 

In a post on Walmart’s website, John Furner, president and CEO of Walmart U.S., and Kath McLay, president and CEO of Sam’s Club, said the additional steps are new ways the retailer is trying to keep employees safe during the coronavirus pandemic. —Melissa Repko

7:47 am: Ford postpones reopening ‘key’ plants

Less than a week after Ford Motor said it would restart production at “key” plants in North America beginning in early-April, the company has postponed those plans as the coronavirus continues to spread throughout the U.S. 

Ford said it is delaying the restart of a car plant in Mexico as well as four truck, SUV and van plants in the U.S. ” to help protect its workers.” The company declined to provide a new timeline for reopening the plants.

“The health and safety of our workforce, dealers, customers, partners and communities remains our highest priority,” said Kumar Galhotra, Ford president of North America, in a press release. “We are working very closely with union leaders – especially at the UAW – to develop additional health and safety procedures aimed at helping keep our workforce safe and healthy.” —Michael Wayland

7:33 am: EU executive warns emergency laws cannot flout democracy

Ursula von der Leyen, president of the European Commission, delivers a speech during a special address on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22, 2020.

Bloomberg

The European Union’s executive warned member states that emergency measures adopted by governments to fight the coronavirus crisis cannot undercut democracy.

“It is of utmost importance that emergency measures are not at the expense of our fundamental principles and values … Democracy cannot work without free and independent media,” European Commission President Ursula von der Leyen said in a statement. “Any emergency measures must be limited to what is necessary and strictly proportionate. They must not last indefinitely … governments must make sure that such measures are subject to regular scrutiny,” she added after Hungarian Prime Minister Viktor Orban secured the indefinite right to rule by decree. —Reuters

6:59 am: Spirit cancels New York area flights after CDC warning

Low-cost U.S. carrier Spirit Airlines said it will cancel all flights to and from New York, Connecticut, and New Jersey after U.S. officials warned against travel to the area because of the COVID-19 pandemic.

Spirit, which appeared to be the first major U.S. carrier to cancel all flights to the so-called tri-state region, said it was responding to this weekend’s Centers for Disease Control and Prevention advisory warning against all non-essential travel to and from the area.Spirit said it will suspend service to the airports it serves in the region, New York LaGuardia, Newark, Hartford, Niagara Falls, and Plattsburgh, through at least May 4. —Reuters

6:23 am: Spain’s daily death toll hits 849, highest level since since epidemic started 

A man wearing a face mask is wheeled into La Paz hospital on March 23, 2020 in Madrid, Spain.

Denis Doyle | Getty Images

Spain’s death toll reached 8,189, up from 7,340 the day before, the country’s health ministry said.

The 849 deaths in 24 hours is the highest daily death toll since the epidemic started in Spain, Reuters noted. The total number of coronavirus infections rose to 94,417, up from 85,195 on Monday. —Holly Ellyatt

5:51 am: Iran’s death toll from coronavirus climbs to 2,898, health official says

Iran’s death toll from coronavirus has reached 2,898, with 141 deaths in the past 24 hours, the country’s health ministry spokesman Kianush Jahanpur told state TV, Reuters reported.  The total number of infected cases has jumped to 44,606.

“In the past 24 hours, there have been 3,111 new cases of infected people. Unfortunately, 3,703 of the infected people are in a critical condition,” Jahanpur said. —Holly Ellyatt

4:43 am: China to start reporting asymptomatic cases from April 1

An official from China’s National Health Commission has said that the country is to start testing asymptomatic cases starting tomorrow, Reuters reported.  It has 1,541 asymptomatic coronavirus patients under observation as of end of March 30.

The commission said 205 of the patients under observation are from overseas. —Holly Ellyatt

4:17 am: Germany’s RKI optimistic about flattening of coronavirus infection curve

The head of Germany’s Robert Koch Institute (RKI) for infectious diseases said his optimism about the flattening of the coronavirus infection curve was justified, adding that this would be clearer after Easter, Reuters reported.

However, Lothar Wieler, president of the Robert Koch Institute, told a news conference that the current mortality rate of 0.8% in Germany would rise further. —Reuters

4:10 am: European markets climb as sentiment buoyed by China data

European markets advanced, following a positive lead set in Asia after Chinese manufacturing data rebounded in March, despite the coronavirus pandemic. The pan-European Stoxx 600 climbed 1.7% in early trade, with travel and leisure stocks jumping 4.7% to lead gains as all sectors and major bourses entered positive territory.

European stocks reacted positively to data showing that China’s official manufacturing Purchasing Managers’ Index (PMI) for March came in better than some analysts expected. —Holly Ellyatt and Elliot Smith

Read CNBC’s coverage from CNBC’s Asia-Pacific and Europe teams overnight here: China to test asymptomatic cases; Iran’s new infections jump by 3,000

Leave a Reply

Back to top