• Coronavirus: States accelerate reopening plans; UK could be at risk for second wave

Market news

2 June 2020

Coronavirus: States accelerate reopening plans; UK could be at risk for second wave

  • CNBC reports that people across the U.S. gathered in mass protests against police brutality after the killing of George Floyd in Minneapolis, raising concerns of further virus spread through the demonstrations. 

  • More than 1.7 million people in the U.S. have tested positive for the virus and over 104,000 have died due to Covid-19. Black Americans have made up a disproportionate share of the deaths as underlying conditions, income inequality and disparity in access to health care have exacerbated the outbreak in the community.

  • Some state and city officials have urged protesters to seek Covid-19 testing and to limit movements in the weeks following the demonstrations in an effort to prevent infections. 


  • Global cases: More than 6.19 million

  • Global deaths: At least 372,479

  • U.S. cases: More than 1.79 million

  • U.S. deaths: At least 104,383

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