The US recorded over 1 million new COVID-19 cases over the past 10 days. On Wednesday, the country saw a record 136,325 new cases, according to Johns Hopkins data., with more than 30,000 deaths. New York governor Andrew Cuomo has announced several measures that go into effect two weeks before the Thanksgiving holiday.
Cuomo indicated that more restrictions would follow if the virus is not brought under control, but he is resistant to a complete lockdown.this week led to some rotation in markets out of work-from-home stocks and into stocks that are more exposed to the health of the global economy. A vaccine might mean there is less incentive for the Republican-controled Senate to approve a larger fiscal stimulus package, said Eric Diton, managing director at the Wealth Alliance.
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