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Market news

5 June 2020

Coronavirus: Brazil’s death toll surpasses Italy’s, Lancet retracts hydroxychloroquine study

  • CNBC reports that the global number of coronavirus cases surpassed 6.6 million, as the pandemic continues to sweep across the world.

  • The death toll in Brazil surpassed that of Italy on Thursday. South America was recently declared a new epicenter in the outbreak.

  • In the U.S., coronavirus hospitalizations are on the rise around the country, Dr. Scott Gottlieb told, as states push forward with plans to reopen the economy and mass protests engulf the country. The convergence of events could become a problem in the fall, when hospitals around the country begin to fill with flu patients. As the two outbreaks coincide, health systems risk becoming strained. 

  • Meanwhile, the NBA announced it approved a plan that would resume its season on July 31 in Orlando, Florida.


  • Global cases: More than 6.6 million

  • Global deaths: More than 389,620 

  • U.S. cases: More than 1.8 million

  • U.S. deaths: More than 108,208

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