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MarketWatch MarketPulseAug 06, 2020
Coronavirus tally: Global cases of COVID-19 top 18.8 million, 708,036 deaths, Fauci says pandemic may not be tamed until end 2021
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 18.8 million on Thursday, according to data aggregated by Johns Hopkins University, and the death toll rose to 708,036. At least 11.3 million people have recovered. The U.S. case tally climbed to 4.8 million and the death toll rose to 158,256. President Donald Trump said again Wednesday that the virus will go away soon, while Dr. Anthony Fauci, head of the National Institute for Allergies and Infectious Diseases, said it may not be brought under control until late 2021. Brazil is second to the U.S. with 2.9 million cases and 97,256 deaths. India is third measured by cases at 1.9 million, followed by Russia with 870,187 and South Africa with 529,877. Mexico has 456,100 cases and 49,698 deaths, the third highest in the world. The U.K. has 307,271 cases and 46,295 fatalities, the highest in Europe and fourth highest in the world. China, where the illness was first reported late last year, has 88,423 cases, and 4,678 fatalities.|

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KiplingerJul 24, 2020
Stock Market Today: China Concerns, Stalling Stimulus Muddy Markets
Tensions with China seeped further into the market Friday as the U.S.-China trade deal returned to the picture, and deep losses for chipmaker Intel (INTC, -16.2%) didn't help, either.

In a Thursday coronavirus briefing, President Donald Trump said the pact "means less to me now than it did when I made it" as he continues to lay blame on China for the COVID-19 breakout. That, as well as China's demand that the U.S. close its Chengdu consulate - a retaliatory measure for a similar American order earlier this week - helped crack investor confidence.

14 Stocks to Sell or Stay Away From Senate Republicans' fiscal stimulus proposal was delayed again, too, with a reveal now expected on Monday.

Intel was a particular drag following its Thursday evening earnings report, when it admitted that its next-generation CPUs will be released six months later than expected.

"We believe the company's delay of its 7nm roadmap will foster fears of competitive pressures persisting, if not accelerating over the next 2-3 years and thereby cap the valuation on its shares," wrote Deutsche Bank analyst Ross Seymore, who downgraded the stock from Buy to Hold. "While INTC has successfully proven that it can generate solid revenue and earnings growth despite being behind on Moore's Law (a trend that likely persists into 2021), we believe fears of the announced 6-month 7nm delay extending to a 10nm-esque multi-year issue that eventually does impact fundamentals will likely keep INTC's shares range-bound until the company definitively proves otherwise."

The uncertainty was a boon for gold, which continued its breako

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