This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern daylight time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 119,476, according to data compiled by Johns Hopkins University.
- Global deaths: At least 4,291, according to data compiled by Johns Hopkins University.
- US cases: At least 1,039, according to data compiled by Johns Hopkins University.
- US deaths: At least 29, according to data compiled by Johns Hopkins University.
10:21 am: Britain unveils $39 billion spending package as it tries to tackle coronavirus slowdown
The U.K. government will spend billions of pounds in an effort to limit the impact of the coronavirus on the U.K. economy, the country’s finance chief said.
The virus outbreak has been putting pressure on all major economies by significantly reducing supply chains, hitting demand for travel, as well as fueling panic buying and stockpiling. Various economists and…