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Coronavirus updates live: World markets tumble and all of Italy goes on lockdown – NBCNews.com

March 9th, 2020 7:49 pm

Monica Alba

10h ago / 2:00 PM UTC

There are few things President Trump says he enjoys more than a large-scale rally with thousands of cheering supporters. And while he has pledged to keep up the pace amidconcerns about large gatheringas thecoronavirus outbreakintensifies, his re-election campaign has not announced any upcoming rallies for the weeks ahead, marking the first time without one on the calendar this year.

Read more here.

Lucy Bayly

10h ago / 1:58 PM UTC

Trading on Wall Street's major averages was halted for 15 minutes Monday morning after the S&P 500 plunged by 7 percent, triggering a "circuit breaker."

The Dow Jones Industrial Average plummeted at the opening bell, sinking by more than 1,800 points as a fight over crude oil production created heightened pressure on a global economy already suffering the effects of the coronavirus epidemic.

Traders had anticipated a bloodbath on Monday, after oil prices cratered overnight by 30 percent when ongoing talks between OPEC members did not produce an agreement on output cuts.

Ahiza Garca-Hodges

10h ago / 1:54 PM UTC

Amazon has told its warehouse employees that they can take sick days in March without counting toward their unpaid time off, according to CNBC.

The change comes as labor experts have warned that hourly workers and those without sick leave could be at higher risk of both catching the coronavirus and suffering severe financial repercussions as a result.

"We continue to work closely with public and private medical experts to ensure we are taking the right precautions and have implemented a series of preventative health measures for employees, delivery and transportation partners at our sites around the world," an Amazon spokesperson said in a statement.

Stella Kim and Yuliya Talmazan

11h ago / 1:03 PM UTC

South Korea's president said Monday his nation could become "a model case" for dealing with the novel coronavirus if the number of new confirmed cases continued to decrease, but cautioned against being too optimistic about the progress being made.

"The number of new coronavirus confirmed cases peaked to 916 on Feb. 28 and has since been steadily decreasing to 248 on [Sunday]. This trend must continue, President Moon Jae-In said at a presidential staff meeting. As the number of new cases continues to grow in many countries around the world, if we continue with a decrease in the curve, South Korea can be regarded as a model case for good practice for COVID-19 protection.

But Moon said small group infections are still occurring in areas including Daegu and North of Gyeongsang province.

The continued small-scale infections can mean that infections can occur on a larger scale as well, he added. "We should not be relieved by the situation."

South Korea reported 7,478 confirmed cases and 53 virus-related deaths Monday.

Andy Eckardt and Yuliya Talmazan

11h ago / 12:47 PM UTC

A NATO staff member working at the Brussels headquarters has tested positive for coronavirus, the alliance said Monday.

The staff member came back from a holiday in northern Italy, felt unwell at the end of last week and was tested after getting fever-like symptoms, according to a statement from NATO.

"Within minutes of receiving the result, all the immediate work colleagues were informed," the statement added.

The staff member, who wasn't named,is currently working from home, where they are in self-isolation.

NATO said it has already taken preventative measures at its headquarters to reduce the risk of virus spread, includingtemporary suspension of travel for some staff and group visits to NATO headquarters in Brussels.

Amin Hossein Khodadadi and Yuliya Talmazan

12h ago / 12:13 PM UTC

Health officials in Iran reported nearly 600 new coronavirus cases, increasing the total to7,161 as the country struggled to contain the outbreak.

Health ministry spokesman Kianoush Jahanpour said a total of 237 people have died from the virus since the epidemic began, with 43 new deaths reported Monday.

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Coronavirus updates live: World markets tumble and all of Italy goes on lockdown - NBCNews.com

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