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Day by day U.S. information on April 26

A man gets a shot at the FEMA-supported COVID-19 vaccination site at Valencia State College on the first day the site resumed Johnson & Johnson vaccine after the FDA and CDC hiatus due to blood clot problems had been canceled.

Paul Hennessey | LightRocket | Getty Images

The rate of Covid vaccinations in the US has continued to decline in the past few days, as the 7-day average of daily shots taken fell to 2.7 million on Monday, according to the Centers for Disease Control and Prevention. That is the lowest level since the end of March.

Daily vaccinations rose for weeks, reaching an average of nearly 3.4 million on April 13, before falling.

At the same time, the daily US case numbers are falling. The 7-day average of new infections every day fell below 60,000 on Friday for the first time since March 25.

US vaccine shots administered

The United States has taken an average of 2.7 million reported recordings per day over the past seven days, CDC data shows, a level that is trending downward.

U.S. health officials on Friday lifted a hiatus in the use of Johnson & Johnson’s vaccine, and a third option could help accelerate the pace of the rollout.

The J&J vaccine accounts for less than 4% of the 231 million total doses administered to date in the US, but has proven particularly useful in certain communities that have multiple difficulties accessing vaccination sites. At its peak in mid-April before the break, the J&J vaccine was used for an average of 425,000 reported shots per day.

White House Covid data director Cyrus Shahpar said in a tweet on Monday that it would take several days for the use of J&J footage to show up in CDC reports.

US percentage of the vaccinated population

According to the CDC, more than 40% of Americans have received at least one shot of a Covid vaccine, and nearly 30% of the population is fully vaccinated.

Of the 65-year-olds and older, 82% are at least partially vaccinated and two-thirds are fully vaccinated.

In eight states – New Hampshire, Massachusetts, Connecticut, Vermont, Maine, Rhode Island, Hawaii, and New Mexico – more than 50% of residents received at least one shot.

US Covid cases

The US reports an average of 58,100 new infections per day over the past week. This is according to data from Johns Hopkins University, a 14% decrease from a week ago.

Although Michigan continues to have more cases per capita each day than any other state, there are signs of improvement. The state has an average of 5,400 cases per day, compared to the recent high of around 7,900 per day in mid-April.

US Covid deaths

According to Johns Hopkins data, the 7-day average of daily U.S. Covid deaths on Sunday is 706. More than 572,000 deaths have been reported from the virus since the pandemic began.

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5 issues to know earlier than the inventory market opens Friday, April 23

Here are the top news, trends, and analysis that investors need to get their trading day started:

1. Stocks expected to bounce back after Biden capital gains hit Wall Street

Trader on the New York Stock Exchange.

Source: NYSEa

2. Bitcoin and other cryptos are sinking, saving US $ 200 billion from the world market

A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England.

Jordan Mansfield | Getty Images

Bitcoin and other cryptocurrencies plummeted Friday as concerns over Biden’s raising U.S. capital gains taxes on the rich sparked a sell-off. Bitcoin, which hit an all-time high of $ 65,000 on April 14, fell 6.5% to below $ 50,000. That’s a 23% drop in just over a week. The crypto market value, half of which is Bitcoin, fell $ 200 billion in one day. Bitcoin fell below $ 1 trillion when the global crypto universe slipped below $ 2 trillion, according to price tracking website CoinMarketCap.

3. Intel shares fall as sales, earnings slightly year over year

Pat Gelsinger, CEO of Intel, speaks in a photo taken as CEO of VMware on March 9, 2017 in Santa Monica, California.

Patrick T. Fallon | Bloomberg | Getty Images

Intel posted essentially flat first-quarter sales and a decline in earnings in its first earnings report late Thursday under new CEO Pat Gelsinger. Dow shares were down more than 2% in premarket trading, despite Intel’s earnings and sales per share beating estimates. Gelsinger, who took over the company in February, announced a plan earlier this month to invest $ 20 billion in new microchip manufacturing facilities. The Dow components American Express and Honeywell delivered quarterly results on Friday morning. Amex beat slightly in profit but missed out on sales. The shares fell nearly 4%. Honeywell hit on both, though its stock was also lower.

4. The CDC is considering two more cases while the advisory panel on the paused J&J vaccine meets

Johnson & Johnson’s Janssen COVID-19 vaccine will be stored in Chicago, Illinois for use with United Airlines employees at the United Clinic at O’Hare International Airport on March 9, 2021.

Scott Olson | Getty Images

The CDC Vaccination Advisory Board will meet on Friday to clarify whether to lift the hiatus on Johnson & Johnson’s one-shot Covid vaccine. In addition to six women who had rare but severe blood clotting problems after receiving the vaccine, the CDC is investigating two other possible cases: a deceased woman from Oregon and a hospitalized woman from Texas. Of the original six, one died and one became seriously ill. According to CDC data, over 8 million people in the US have received the J&J vaccine

5. SpaceX launches its third crew in less than a year and flies a reused rocket

A SpaceX Falcon 9 rocket carrying the astronauts from the Crew 2 mission will launch on April 23, 2021 at the Kennedy Space Center in Florida from Launch Complex 39A.

Gregg Newton | AFP | Getty Images

SpaceX launched four astronauts from NASA’s Kennedy Space Center in Florida on Friday morning using a recycled rocket and capsule. It is the third crewed flight in less than a year for Elon Musk’s privately owned space company. The astronauts from the US, Japan and France were scheduled to arrive at the International Space Station early Saturday after a 23-hour journey in the same capsule used by the SpaceX debut crew last May.

– Reuters and The Associated Press contributed to this story. Follow all market action like a pro on CNBC Pro. With CNBC’s coronavirus coverage, you’ll get the latest information on the pandemic.

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Day by day U.S. knowledge on April 23

According to the Centers for Disease Control and Prevention, the rate of daily Covid vaccinations administered in the US fell below 3 million for the first time in weeks on Thursday. At the same time, more states crossed half the point for residents with at least one shot.

US vaccine shots administered

The United States has taken an average of 2.9 million reported recordings per day over the past week, CDC data shows. The daily average was over 3 million for more than two weeks, peaking on April 13 of 3.4 million reported shots per day.

Part of the reason for this slight decline could be the ongoing suspension of Johnson & Johnson vaccinations, which the Food and Drug Administration advised states to suspend “out of caution” earlier this month after six women developed a rare bleeding disorder.

The J&J shot accounts for less than 4% of the 219 million total doses administered to date in the US. However, the single-shot option had proven particularly useful in certain communities where vaccination sites were difficult to access several times, and was used in mid-April for an average of 425,000 reported shots per day at peak levels.

US percentage of the vaccinated population

Approximately 40% of the US population has had one or more shots, and more than a quarter are fully vaccinated. In the elderly, more than 81% received at least one dose.

New Hampshire outperforms all other states in terms of residents with one or more shots, with 59% of the population being at least partially vaccinated. Connecticut crossed the halftime mark earlier this week, Maine and Massachusetts on Thursday.

Many states are nearing the milestone, with Vermont, New Mexico, New Jersey, Hawaii, Rhode Island, and Pennsylvania crossing the 45% mark.

States that lag behind the national rate include Mississippi, where 30% of residents have received at least one shot, and Alabama and Louisiana, where 31% of residents have been struck. A total of eleven states are below 35%.

US Covid cases

The US reports nearly 62,000 new coronavirus infections daily based on a seven day average compiled by Johns Hopkins University. That level is above the country’s recent low of 53,600 a day in late March, but has moved down over the past week.

In Michigan, where the daily number of cases per capita per country is highest, the outbreak may show signs of subsiding. The state reports an average of nearly 6,200 new cases per day for the past week, compared to nearly 7,700 per day a week ago.

US Covid deaths

According to Johns Hopkins data, the US reports an average of 700 deaths per day in Covid. The nationwide death toll from the pandemic has exceeded 570,000.

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Day by day U.S. information on April 21

Medical technician Janette Serrano injects Henry Perez (71) with a Covid-19 vaccine that is offered at the Bell Community Center.

Robert Gauthier | Los Angeles Times | Getty Images

According to the Centers for Disease Control and Prevention, the vaccination rate in the US has sustained over 3 million shots a day for two weeks.

This number is based on a 7-day average of daily reported vaccinations and has declined slightly in recent days, from a high of 3.4 million reported shots per day on April 13 to just over 3 million on Tuesday.

About 40% of Americans have received at least one shot, CDC data shows, and about one in four are fully vaccinated.

US vaccine shots administered

About 1.8 million vaccines were administered in the US on Tuesday, mostly due to weekend vaccinations due to a delay in data reporting. Vaccination counts reported on Mondays and Tuesdays are usually the lowest of the week.

The 7-day average of daily recordings, used to smooth out variations in weekday coverage, is 3 million.

The slight decrease in the daily pace may be due in part to research on the Johnson & Johnson vaccine. The Food and Drug Administration advised states earlier this month to suspend the use of J & J’s shot “out of caution” after six women developed a rare bleeding disorder.

Although the J&J vaccine accounts for less than 4% of the total of 213 million vaccines administered in the U.S., it was used for an average of nearly 425,000 reported shots per day at peak levels in mid-April.

Government officials said the country has enough Pfizer and Moderna vaccines to maintain a pace of 3 million shots a day.

US percentage of the vaccinated population

More than 133 million people, or 40.1% of the US population, have received one or more doses of a Covid-19 vaccine. About one in four Americans is fully vaccinated.

Of those over 65, more than 80% are at least partially vaccinated and 65% are fully vaccinated.

Progress varies from country to country. In one state, New Hampshire, more than half of the population has received at least one bump, and Connecticut, Maine, and Massachusetts are well on their way to hitting the 50% mark in the coming days.

More than 40% of residents in 24 states and the District of Columbia are at least partially vaccinated.

In Mississippi and Alabama, only 30% of residents got a chance, in Louisiana it is 31% and in Tennessee 32%.

US Covid cases

The US reports an average of 63,800 new infections per day based on a weekly average of data collected by Johns Hopkins University. This level has seen a downtrend in the past few days but is above the recent low of 53,600 average daily cases recorded in late March.

US Covid deaths

Around 700 deaths from Covid are reported daily in the US, based on a 7-day average of Hopkins data, compared to peaks of around 3,400 per day in mid-January.

The nationwide death toll since the pandemic began is more than 568,400.

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5 issues to know earlier than the inventory market opens Tuesday, April 20

Here are the top news, trends, and analysis investors need to get their trading day started:

1. Stocks fall after Dow, S&P 500 falls from record close

Traders on the floor of the New York Stock Exchange.

Source: NYSE

US stock futures fell Tuesday as investors factor in quarterly results of four Dow components and look forward to Netflix gains and an afternoon Apple product event. Apple is expected to introduce new iPads, iMacs and AirTags for device tracking. Tobacco supplies came under pressure after the Wall Street Journal reported that the White House could order tobacco companies to lower nicotine levels in all cigarettes.

The Dow Jones Industrial Average started the week after the record close on Friday. The S&P 500 also fell slightly from its previous record close. The Nasdaq lost 1% on Monday after shyly surfacing on Friday after the tech-heavy index’s record close in February. The 10-year government bond yield remained stable early Tuesday after rising above 1.6%. However, it remained below the last month’s high of 14 months.

2. Four Dow stocks are reporting gains, including J&J and IBM

Dow stocks Johnson & Johnson, Procter & Gamble and Travelers reported results before the bell. IBM, also a Dow stock, released quarterly results late Monday.

  • J&J surpassed first quarter earnings and sales estimates, including $ 100 million in sales of its Covid vaccine suspended in the U.S. as health officials investigate rare but serious blood clotting problems. CFO Joseph Welk told CNBC Tuesday that he hoped the “benefit-risk profile” for the company’s vaccine would have an impact. Shares fell in the pre-market.
  • P&G exceeded expectations for earnings and sales in the third quarter of fiscal as consumers maintained Covid buying trends like buying more detergents and starting to buy beauty products again. Shares fell in the pre-market.
  • Travelers reported better than expected results in the first quarter. The receipts were broadly in line with the estimates. The insurance giant increased its dividend and added $ 5 billion to its buyback program. In the pre-market the shares rose by 1%.
  • IBM achieved profits and sales in the first quarter that were above estimates. The enterprise technology and services provider saw revenue growth after four quarters of decline. In the pre-market the shares rose by almost 3%.

3. United Airlines is reporting a quarterly loss for the fifth consecutive year

Travelers arrive in Chicago, Illinois for flights at O’Hare International Airport on March 16, 2021.

Scott Olson | Getty Images

United Airlines shares fell 2.5% on the Tuesday prior to entering the market, the morning after the airline reported an above-expected loss of $ 7.50 per share in the first quarter, the fifth straight quarterly loss. Revenue of $ 3.22 billion was down nearly 60% year over year and fell short of estimates. Higher fuel costs and continued subdued demand due to Covid detracted from results. However, United expects profitability to pick up again later this year as Covid vaccinations surge and governments relax travel restrictions.

4. Elon Musk says the autopilot did not activate in the Tesla crash in Texas

A Tesla logo on a Model S is photographed at a Tesla dealer in New York.

Lucas Jackson | Reuters

Elon Musk denied that Tesla’s automated driving systems were involved in a fatal accident in the suburb of Houston, Spring, Texas on Saturday. The Tesla CEO tweeted on Monday: “Previously restored data logs show that autopilot was not activated.” Local police said no one was in the driver’s seat when the 2019 Tesla Model S turned off the road and went up in flames. The two men in the car died. Two federal agencies, the NHTSA and the NTSB, are working with local police to investigate the accident. Preliminary results are inconclusive.

5. A fortified city in Minneapolis awaits Chauvin’s verdict

Former Minneapolis Police Officer Derek Chauvin participates in the final skirmishes during his trial of second degree murder, third degree murder, and second degree manslaughter in the death of George Floyd with defense attorney Eric Nelson in Minneapolis, Minnesota on April 19, 2021 Still from video.

Pool via Reuters

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Every day U.S. knowledge on April 20

A group of teenagers who acted as “Covid-19 Student Ambassadors” joined Governor Gretchen Whitmer to receive a dose of Pfizer Covid vaccine at Ford Field to encourage Michigan residents to get their vaccines on Jan. Detroit, Michigan.

Matthew Hatcher | Getty Images

The United States maintains a pace of 3 million reported vaccinations per day as the country moves towards President Joe Biden’s goal of 200 million shots in his first 100 days as president.

More than 195 million shots have been fired since Biden’s inauguration on Monday, with 11 days remaining within the 100-day period.

The Biden government initially announced a target of 100 million shots over the period – which was achieved after 58 days of presidency. Biden announced the new destination on March 25th. By that point, the country had ramped up its vaccination campaign to 2.5 million shots a day and was well on its way to hitting the 200 million mark.

At the current rate of vaccination, the final number of shots fired by Biden during the first 100 days would land closer to 230 million.

On Monday, Biden announced that all adults in the United States are now eligible to receive a Covid vaccine.

US vaccine shots administered

With 2.2 million reported vaccinations given on Monday, the U.S. reported an average of 3.1 million shots a day over the past week, according to the Centers for Disease Control and Prevention.

The pause in using the Johnson & Johnson vaccine remains. Individual vaccination accounted for 7.9 million of the 212 million shots administered to date, according to the CDC, and accounts for about 9% of Americans who are fully vaccinated.

US percentage of the vaccinated population

Approximately 40% of the US population have received at least one dose of a Covid vaccine, and 26% are fully vaccinated.

CDC data shows that more than half of those over 18 and 80% of those over 65 are at least partially vaccinated.

US Covid cases

The US reports about 67,100 new infections daily, based on a 7-day average of data reported by Johns Hopkins University. That number is well below the country’s winter peak when the average daily number of falls exceeded 250,000 per day, but more in line with the numbers seen during the surge last summer.

The average daily number of cases is increasing in 19 states and Washington, DC

US Covid deaths

The 7-day average of daily Covid-19 deaths in the US is 714, and the national death toll has exceeded 567,600 since the pandemic began.

Daily Covid deaths have been trending down from the pandemic’s highest winter levels in recent months.

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Each day U.S. information on April 19

Nursing student Erika Lohr vaccinates one person while others are welcomed in a surveillance area after being shot as California opens vaccination eligibility to all residents 16 and older during the coronavirus disease (COVID-19) outbreak in Chula Vista, California, United States. April 15, 2021.

Mike Blake | Reuters

Data from the Centers for Disease Control and Prevention shows that 3.5 million vaccinations were given in the United States on Sunday. The 7 day average of daily recordings was over 3 million for 12 days.

Half of all American adults have now received at least one dose of a Covid vaccine, according to the CDC. The milestone comes when President Joe Biden’s deadline for states has passed to upgrade their vaccination eligibility requirements. Biden urged states to open appointments for all adults in the US by Monday.

Biden said in a video posted on Twitter Monday that states have met that deadline. He encouraged Americans to get the vaccine.

The nationwide number of new infections every day is still up at an average of 67,400, an increase of 26% from last month’s lows and a slight decrease from the previous week.

US vaccine shots administered

According to CDC data, the United States reports an average of more than 3 million daily vaccinations in the past seven days.

Johnson & Johnson’s vaccinations are still on hold after the Food and Drug Administration and CDC advised states to temporarily suspend use of the shot after six women developed rare but serious blood clotting problems.

The US has given far fewer J&J vaccines than Pfizer or Moderna vaccines, but the one-shot option is useful for certain situations and communities. Mass injection sites and mobile vans have an easier time with Johnson & Johnson’s storage requirements, and administering a two-dose regimen can be challenging in certain populations, e.g. B. in prisoners who change institutions, or in the homeless who do not have permanent residence.

US percentage of the vaccinated population

On Sunday, the CDC reported that half of all adults in the United States had received at least one shot. Of those over 65, 81% have received one dose or more, and around two-thirds are fully vaccinated.

Nearly 40% of the total US population, including those currently uneligible for available vaccines, have received at least one dose of a Covid vaccine, according to CDC data, and more than 25% are fully vaccinated.

US Covid cases

The 7-day average of new infections every day in the US is around 67,400, according to Johns Hopkins University. That number is up 26% from the country’s most recent low of about 53,600 in late March, but is down slightly from a week ago.

Dr. Scott Gottlieb, a former commissioner for the Food and Drug Administration, told CNBC’s Squawk Box on Monday that he expected warmer weather and increased vaccination rates, which would lead to a decline in the number of cases.

“I think we’re going to see the pandemic spread across the United States in terms of cases,” he said. “We will still have outbreaks in some parts of the country – we will never practically eliminate this virus – but I think you will find the cases fall pretty dramatically in May.”

Gottlieb cited San Francisco as an example of where the country could go. The city reports that 40% of adults are fully vaccinated and only about 30 new cases of Covid occur each day.

US Covid deaths

The US currently reports 723 Covid deaths per day based on Hopkins data.

On Saturday, the global death toll from Covid-19 exceeded 3 million, more than the population of Chicago and the equivalent of Philadelphia and Dallas combined.

Disclosure: Scott Gottlieb is a CNBC employee and a member of the boards of directors of Pfizer, genetic testing startup Tempus, health technology company Aetion Inc., and biotech company Illumina. He is also co-chair of the Healthy Sail Panel for Norwegian Cruise Line Holdings and Royal Caribbean.

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5 issues to know earlier than the inventory market opens Friday, April 16

Here are the top news, trends, and analysis that investors need to get their trading day started:

1. Dow will rise after closing above 34,000 for the first time

People walk past the New York Stock Exchange in New York City on April 15, 2021.

Spencer Platt | Getty Images

2. Housing construction in March is strong

Contractors install floor joists on the foundation of a home under construction in Lehi, Utah, December 16, 2020.

George Frey | Bloomberg | Getty Images

Thursday’s March retail sales helped raise stocks – and on Friday, investors took a look at the glowing housing market. The Commerce Department said housing starts rose 19.4% in March, beating estimates. Building permits rose 2.7% and fell short of expectations. Privately owned residential completions in March rose 16.6%. Builders have been ramping up construction lately, and new government covid incentives could fuel that trend.

3. The Chinese economy grew 18.3% in Covid in the first quarter

China reported gross domestic product slightly below expectations in the first quarter as industrial production disappointed but retail sales exceeded estimates. The GDP rose in the first three months of the year by 18.3% compared to the previous year, the Chinese statistical office announced on Friday. In the first quarter of last year, the economy contracted 6.8% – during the peak of the domestic Covid outbreak.

4. WHO chief: Covid case rate is approaching the highest level ever

A physical therapist fits an oxygen mask on a patient with coronavirus disease (COVID-19) in the intensive care unit of the Parelheiros Municipal Hospital in Sao Paulo, Brazil, on April 8, 2021.

Amanda Perobelli | Reuters

The head of the World Health Organization said on Friday that an alarming trend of rising Covid cases had caused infections around the world to reach their highest ever level. In the US, weekly cases are well below their all-time highs, but are in line with levels seen during the summer surge. Albert Bourla, CEO of Pfizer, said people will likely need a booster dose of a Covid vaccine within 12 months of being fully vaccinated. Bourla said it is possible that annual vaccinations against the coronavirus will also be necessary.

5. The death of a gunman shoots at least 8 people in the FedEx facility in Indianapolis and kills himself

At least eight people died after a gunman opened fire at a FedEx facility in Indianapolis late Thursday and then killed himself, city police said. FedEx said in a statement: “We are deeply shocked and saddened by the loss of our team members. … We are fully cooperating with law enforcement agencies.” Last week, President Joe Biden announced a series of executive measures aimed at tackling what he calls the national gun violence epidemic. In March alone, 18 people were killed in two mass shootings in the Atlanta and Boulder, Colorado area.

– NBC News contributed to this report. Follow all market action like a pro on CNBC Pro. Get the latest information on the pandemic on CNBC’s coronavirus blog.

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Each day U.S. knowledge on April 16

Dr. Jerry Abraham, director of Kedren Vaccines, right, gives Jose Guzman-Wug, 16, a COVID-19 shot while his mother, Adriana Wug, watches at Kedren Health in Los Angeles, CA on Thursday, April 15, 2021.

Allen J. Cockroaches | Los Angeles Times | Getty Images

According to the Centers for Disease Control and Prevention, the rate of daily vaccine doses administered in the US exceeded 3 million for the ninth straight day, with several states approaching half the point for residents with at least one shot.

At the same time, the rate of new Covid-19 cases every day remains elevated across the country. The US reports nearly 70,500 new infections per day based on a 7-day average from Johns Hopkins University data, up 7% from a week.

US vaccine shots administered

With 3.5 million vaccine doses given Thursday, the 7-day average of daily U.S. shots is now 3.3 million.

Earlier this week, White House Covid-19 Response Coordinator Jeff Zients said the hiatus in Johnson & Johnson vaccinations would not slow the pace of U.S. rollout and that the country has enough Pfizer and Moderna vaccines to keep going To give 3 million shots a day.

US percentage of the vaccinated population

About 38% of the US population have received at least one dose of a Covid vaccine, and 24% are fully vaccinated, according to the CDC.

In New Hampshire, 56% of the population has received at least one dose of vaccine. More than 45% of residents in Maine, Connecticut, Massachusetts, and New Mexico are at least partially vaccinated.

Some states still lag behind. Mississippi and Alabama have only given 29% of their populations at least one shot. That number is 30% in Louisiana and 31% in Idaho and Georgia.

Josh Michaud, assistant director of global health policy at Kaiser Family Foundation, said the differences were partly due to different approaches to vaccine distribution. Some states have been able to make the process easier through technology and clear communication.

“A well-oiled, well-functioning vaccine operation certainly helps,” said Michaud.

Michaud also pointed to the hesitation of the vaccine, saying that many Americans eager for a vaccine have already received it, leaving those next on the fence standing in line. Vaccinating these reluctant populations will require more outreach and communication, he said.

US Covid cases

The 7-day average of daily US cases of new coronavirus is 70,484, according to Johns Hopkins. This is well below the country’s winter peak of an average of 250,000 new cases per day, but largely corresponds to the summer increase.

Michigan continues to have the country’s worst outbreak based on average daily new cases per capita, with infection rates close to pandemic highs. The state reports a 7-day average of nearly 7,700 daily new cases per day, and is approaching the state’s high of more than 8,300 per day recorded in December.

US Covid deaths

The US reported 887 Covid deaths on Wednesday, JHU data shows, and the 7-day average of daily deaths is 714. As of Thursday, a total of more than 565,000 Covid deaths have been reported in the US.

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5 issues to know earlier than the inventory market opens Thursday, April 15

Here are the top news, trends, and analysis that investors need to get their trading day started:

1. Stocks are likely to burst on strong earnings reports

Traders on the floor of the New York Stock Exchange.

Source: NYSE

2. Covid Stimulus Checks Could Really Boost Retail Sales

People shop on 5th Avenue in New York during the coronavirus disease (COVID-19) pandemic on February 17, 2021.

Brendan McDermid | Reuters

The trading department reported Thursday that retail sales rose 9.8% in March, well above estimates for a 6.1% increase. A new series of Covid Stimulus Checks boosted consumer purchases last month as the U.S. economy continued to receive support from aggressive Congressional spending. Retail sales in February were revised up slightly, falling 2.7%.

The Department of Labor reported 576,000 initial jobless claims Thursday last week, well below expectations for 710,000 new registrations. This was certainly the lowest level since the pandemic began and was a sharp drop from the previous week’s revised upward of 769,000.

3. The BofA exceeds estimates for strong investment banking

Signage outside a Bank of America branch in San Francisco, California, the United States, on Thursday, Jan. 14, 2021.

David Paul Morris | Bloomberg | Getty Images

Bank of America’s profits exceeded estimates on strong investment banking and trading results and risk release releases as fewer consumers faced loan defaults. Like other banking competitors, BofA has benefited greatly from the improving US economic outlook in recent months.

Citigroup’s results exceeded analysts’ estimates for first quarter earnings with strong investment banking revenues and an above-expected loan loss provision release. The company also said it is closing retail banking operations in 13 countries in Asia and parts of Europe to focus more on wealth management outside of the US

4. Coinbase is set to jump after a strong but volatile debut

Monitors display Coinbase signage during the company’s IPO on April 14, 2021 on the Nasdaq marketplace in New York City.

Robert Nickelsberg | Getty Images

Coinbase Global shares rose another 8% on the Thursday before going public, a day after the cryptocurrency exchange debuted with a market value of nearly $ 86 billion. Nasdaq announced a reference price of $ 250 per share for Coinbase’s direct listing late Tuesday. In one volatile session, the stock opened at $ 381 and quickly rose to $ 429, for a market cap of $ 100 billion. It fell back below its debut price at one point, hitting a low of around $ 310. It closed at $ 328. Coinbase hit the public market when a record amount of cash was flowing into bitcoin and cryptocurrencies.

5. The CDC Panel is delaying the decision on J&J Covid’s vaccination break

Johnson & Johnson’s Janssen COVID-19 vaccine will be stored in Chicago, Illinois for use with United Airlines employees at the United Clinic at O’Hare International Airport on March 9, 2021.

Scott Olson | Getty Images

The CDC Advisory Committee on Immunization Practices has decided to postpone a decision on Johnson & Johnson’s Covid-19 vaccine while investigating cases of six women developing a rare but serious bleeding disorder, one person dead and one other is in critical condition. The panel met Wednesday, the day after the FDA called on states to temporarily stop using J & J’s vaccine “out of caution”. Moving the panel means the pause for J & J’s vaccine will continue to apply. The CDC committee unanimously voted for a reunion in a week.

– Follow all market action like a pro on CNBC Pro. Get the latest information on the pandemic on CNBC’s coronavirus blog.