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Updated on December 29, 2020 at 1:35 am
NBC Universal, Inc.
What to Know
New York s COVID hospitalizations have topped 7,500 and are at their highest level since May 8; early post-holiday data shows alarming positivity rate jumps, though Gov. Cuomo wants further study
In New Jersey, new test mandates take effect for United Airlines travelers from the UK to Newark Monday, the same day the state launches its vaccination program in long-term care facilities
The U.S. topped 19 million cases and 332,000 deaths over the holidays; a virus that was just beginning to make global headlines this time last year has now killed 1 in every 1,000 Americans
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Dow Swings to Loss in 450 Point Reversal on Lockdown Fears
14 Dec 2020
The Dow Jones Industrial Average briefly hit an intraday record high on Monday before diving into negative territory as investors grew increasingly concerned that tightening restrictions in New York City and elsewhere could weigh down the economy.
The Dow hit an intraday record high of 30,325 after the first hour of trading but slumped through the rest of the day as positive news on the vaccine rollout was offset by news that further restrictions will crimp business in the weeks before Christmas. New York City Mayor Bill di Blasio said that the city could need to go into ‘full shutdown’ to prevent the hospitals from being overwhelmed.