Hopes that the economy-crushing coronavirus pandemic might be easing sent Wall Street climbing sharply on Monday with all three main indices higher at the close of trading.
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. On the contrary, the currency has risen in value this year, gaining six percent from its lowest point reached in early March, according to the US dollar index, which measures the greenback's value against a basket of other currencies.
The United States on Monday warned China not to take advantage of the coronavirus pandemic to exert itself in the South China Sea after Vietnam said Beijing sank a trawler.
Nadia, the tiger who tested positive for the novel coronavirus in New York, and six other big cats who developed a dry cough at the Bronx Zoo appeared to be on the mend on Monday after doses of medication and tenderness.
The United States on Monday branded a Russian far-right group as a foreign terrorist organization, the first time it has targeted white supremacists with tools regularly used against Islamist extremists.
The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
The U.S. Navy relieved the commander of the aircraft carrier Theodore Roosevelt, who wrote a scathing letter that leaked to the public asking for stronger measures to control a coronavirus outbreak onboard his warship.
Florida officials have officially permitted the MS Zaandam and the MS Rotterdam, Holland America cruise ships with hundreds of sick on board, to dock at Fort Lauderdale's Port Everglades and begin disembarking guests.
US President Donald Trump said on Wednesday that US authorities will evacuate passengers from a stranded cruise ship due to dock in Florida after being barred from several South American countries because of a coronavirus outbreak aboard.
President Donald Trump cast doubt on Wednesday on the accuracy of official Chinese figures on its coronavirus outbreak after US lawmakers, citing an intelligence report, accused Beijing of a cover-up.