This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 1,996,600
- Global deaths: At least 127,590
- US cases: More than 609,600
- US deaths: At least 26,059
The data above was compiled by Johns Hopkins University.
9:13 am: New York manufacturing hits record low reading of -78.2 amid coronavirus collapse
The Empire State Manufacturing Index for April hit -78.2, worse even than the -32.5 expected by economists surveyed by Dow Jones. The worst reading the index had seen was -34.3 during the financial crisis.
The index measures companies reporting better versus worse conditions over the past month. Just 7% reported stronger conditions, while 85% said things had weakened.
As businesses shut down due to coronavirus restrictions, it was no surprise that firms in New York, which has been the epicenter of cases in the U.S., would experience a…
