Coronavirus updates, March 10

New York Governor Cuomo has deployed the National Guard to New Rochelle (suburb north of NYC – one town over is Mamaroneck where golf’s U.S. Open is being held in June) to help in the containment effort at what’s become a coronavirus hot spot.

Harvard has joined a number of other colleges telling kids not to return from spring break and instead moving instruction online. A decent list of those doing same is here. Harvard was also to be the site of this weekend’s Ivy League basketball tournament, but that’s reportedly been canceled.

Update at 4:01 PM ET: Morgan Stanley (NYSE:MS) said an employee at its suburban New York office tested positive for coronavirus, following confirmed cases at Barclays, BlackRock, and Wells Fargo.

Update at 3:30 PM ET: Treasury Secretary Steven Mnuchin says the Treasury Department is exploring its options for taking independent actions to help lessen the economic fallout of the coronavirus, Bloomberg reports.

He said he had a good meeting with House Speaker Nancy Pelosi to discuss a potential stimulus package. “We are having discussions on a bipartisan basis and there’s a lot of interest to get something done on a bipartisan basis,” he said.

Update at 1:29 PM ET: New Jersey reports first death in the state from Covid-19; the individual was a male in his 60s.

Yesterday, New Jersey declared a state of emergency, which allows state agencies and departments to use state resources to assist affected communities responding to Covid-19 cases.

https://seekingalpha.com/news/3550231-coronavirus-updates-ny-sends-in-natl-guard-harvard-going-online