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Added on the 11/03/2021 13:00:00 - Copyright : EFE Inglés
16 states across the US broke a grim record on Friday, reporting their highest total of people hospitalized for COVID-19 since the pandemic began. Business Insider reports that since last fall, cases of COVID-19 have surged nationwide, particularly following the end of the holiday season. Alabama, Arkansas, Maryland, Georgia, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia were hit hardest. Record hospitalizations were also seen this week in Arizona, California, Delaware, and Maine. The US Food and Drug Administration issued an emergency use authorization for two COVID-19 vaccines at the end of 2020. However, a slow rollout means it will be many months before all who want a vaccination are immunized.
New Yorkers line up outside a truck offering Covid-19 testing in Corona, a neighborhood in Queens where the coronavirus pandemic wreaked havoc last year. One year ago, on March 1, 2020, New York Gov. Andrew Cuomo confirmed the state's first known coronavirus case. The next morning, he and Mayor Bill de Blasio held a joint briefing where they to talked about the importance of testing. IMAGES
Surges of COVID-19 patients are threatening to overwhelm hospitals across the nation. CNN reports at least 123,639 people across the country were in the hospital with the novel coronavirus on Saturday. The COVID Tracking Project says that marks the 32nd consecutive day that the number of hospitalizations has exceeded 100,000. Cases skyrocketed after the Thanksgiving holiday. The fallout form Christmas and New Year's celebrations are still unfolding. Johns Hopkins University data reveals that as of Saturday, more than 20.4 million people have been infected with the virus in the US. At least 350,186 people have died from the illness.
90-year-old grandmother Margaret Keenan has become the first person in the world to receive the officially-licenced Pfizer-BioNTech Covid-19 vaccine, at a hospital in Coventry. IMAGES of Margaret filmed the day before her vaccination
On Wednesday Credit Suisse Strategists revealed the key to investing in 2021 is preparing for a virus-free economy in 2022. In a note to clients, the team initiated a 2021 S&P 500 price target of 4,050. Business Insider reports that the target implies a 12% rally from Tuesday's closing level. Various coronavirus vaccines are vying for regulatory authorization. That led Credit Suisse to "de-emphasize the near-term" and focus on how the US economy would launch out of its virus slump. The team said "the virus will be a fading memory" in 2022 and the rotation to cyclical stocks will be "largely behind us."