The U.S. Centers for Disease Control and Prevention warned Americans to prepare for a COVID-19 (Coronavirus) outbreak at home that could lead to significant disruptions of daily life. Congress was told that there’s shortage of masks needed for health workers if one occurs.
New cases were reported in Europe, prompting worries of a widening outbreak there. Iran reported a total of 15 deaths, the most fatalities outside China, and a top health official tested positive. Chinese President Xi Jinping said his country was confident of limiting the impact, though new cases continue to be identified elsewhere in Asia.
Moderna Inc. shipped a first vaccine for testing in humans. The U.S. National Institute of Allergy and Infectious Diseases is also starting a trial of Gilead Sciences Inc. drug.
Key Developments
China death toll 2,663, up 71; total mainland cases at 77,658
Italy cases rise to 283 from 229; Austria reports two infections
United Air abandons profit goal, Mastercard cuts forecast
U.S. stocks head for a fourth straight decline; bond yields fall