• Coronavirus: Global cases top 7 million; South Korea grapples with an uptick in infections

Market news

8 June 2020

Coronavirus: Global cases top 7 million; South Korea grapples with an uptick in infections

  • The total number of cases worldwide has topped 7 million, while global deaths surpassed 402,000 — just as some countries are ease social restriction measures to restart battered economies.

  • In South Korea, there has been a recent uptick in the number of new cases after movement restrictions were relaxed. They have been traced to nightclubs, religious gatherings and a logistics center.

  • In the U.S., White House health advisor Dr. Anthony Fauci has said the coronavirus outbreak in the U.S. appears to be going in “the right direction” despite a few “blips.” 

  • All 50 states eased some quarantine restrictions ahead of the Memorial Day holiday on May 25, and crowds of people, some without masks, have been seen at protests in recent weeks. U.S. cases are just now starting to rise as research shows that it can take anywhere from five to 12 days for people to show symptoms from the coronavirus.


  • U.S. cases: More than 1.94 million

  • U.S. deaths: At least 110,503

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