Wall Street is getting another look Thursday at the wide-reaching economic impacts of the coronavirus pandemic, with a slew of earnings reports and a readout on weekly jobless claims. Retailers and airlines continue to struggle with lower demand and are warning of a slow recovery. U.S. unemployment numbers are essentially stuck at roughly four times pre-pandemic levels.
In the final presidential debate, Democratic nominee Joe Biden warned that the U.S. is headed for a "dark winter" as it continues to grapple with the coronavirus, but President Donald Trump maintained that he had taken quick action to respond to the pandemic.
Here are some of the biggest developments on Thursday:
The following data was compiled by Johns Hopkins University:
- Global cases: More than 41.5 million
- Global deaths: At least 1.13 million
- U.S. cases: More than 8.4 million
- U.S. deaths: At least 223,000