The resurgence and the resulting clampdown sent a shudder through Wall Street. The S&P 500 fell 3.5%, its biggest drop since June, and the Dow Jones Industrial Average lost 943 points, or 3.4%.
French President Emmanuel Macron declared a new nationwide lockdown starting Friday, saying the country has been “overpowered by a second wave.” Many doctors had urged the move, given that 58% of the nation’s intensive care units are now taken up by COVID-19 patients.
Countries such as Switzerland, Italy, Bulgaria and Greece have closed or otherwise clamped down again on nightspots and imposed other restrictions such as curfews and mandatory mask-wearing. Madrid and other parts of Spain banned all but essential travel in and out of their regions.
“We are deep in the second wave,” European Commission President Ursula von der Leyen said. “I think that this year’s Christmas will be a different Christmas.”
In the U.S., where practically every state is seeing a rise in cases, Democratic Gov. Tony Evers of hard-hit Wisconsin has been reduced to pleading with people to stay home, after an order he issued in the spring was overturned by the courts. Illinois’ governor banned indoor dining and drinking in Chicago this week. Other states are likewise considering reimposing restrictions.
The virus has killed more than 250,000 people in Europe and over 227,000 in the U.S., according to the count kept by Johns Hopkins University.
The long-feared surge is blamed in part on growing disregard for social distancing and mask-wearing, as well as the onset of cold weather, which is forcing people indoors, where the virus can spread more easily.
Dr. David Letzer, an infectious-disease specialist who doubles as chairman of the Wisconsin Medical Society’s COVID-19 task force, is getting swamped with patients. He said he was incensed to see people without masks going into a restaurant as he was driving between hospitals.
“I’m just coming from a place with ventilators and people are just going to an indoor restaurant,” he said. “Those are the things that are frustrating and take their toll.”
In the U.S., more than 71,000 people a day are testing positive on average, up from 51,000 two weeks ago. Cases are on the rise in all but two states, Hawaii and Delaware, and deaths are climbing in 39 states, with an average of 805 people dying in the U.S. per day, up from 714 two weeks ago.
Wisconsin, one of the worst hot spots of them all, set records Tuesday for the number of daily infections at nearly 5,300 and deaths with 64. About 12% of the state’s intensive care beds were