Brendan McDermid/Reuters
- Global stocks jumped on Monday as lockdowns in several novel coronavirus hotspots appeared to be slowing the pandemic's spread.
- Italy suffered its fewest deaths in more than two weeks, while death tolls in France and Spain fell to multi-day lows.
- "We're starting to see light at the end of the tunnel," President Donald Trump said on Sunday, although he warned of a "horrific" number of deaths in the coming days and weeks.
- "Policymakers need to be immensely vigilant and careful" about easing containment measures, one analyst said, or they risk a second wave of infections that prolongs the economic downturn.
- Visit Business Insider's homepage for more stories.
Global stocks surged on Monday as investors cheered signs that lockdowns were paying off in the battle against the novel coronavirus.
Italy, the global epicenter of the pandemic, reported its fewest deaths in more than two weeks. France and Spain both recorded their lowest death tolls in several days. New York also registered its first one-day decline in coronavirus deaths.
See the rest of the story at Business Insider
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