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coronavirus n95 face mask for sale, The tech giant had predicted it would make between $10.75 billion and $11.15 billion in revenue from its personal computing segment in the January-March quarter. But Microsoft now says the supply chain for its Windows business and Surface devices “are more negatively impacted than previously anticipated.” And last week, Apple warned investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said all of its iPhone manufacturing facilities in China have reopened, but production is ramping up slowly. The company said demand for iPhones was also down in China because Apple's retail stores are closed or operating with reduced hours.
coronavirus n95 face mask for sale - Broadly, major U.S. stock indexes gave up early gains and closed mostly lower Wednesday, extending the market’s heavy losses for the week. The benchmark S&P 500 fell for the fifth straight day after swinging between a 0.6 percent loss and 1.7 percent gain. Smaller company stocks bore the brunt of the selling. The bond market continued to flash warning signs as long-term Treasury yields fell further below short-term yields. CORONAVIRUS DISRUPTION TO 'EVERYDAY' LIFE IN US 'MAY BE SEVERE,' CDC OFFICIAL SAYS
coronavirus n95 face mask for sale, Worry about economic fallout from the virus outbreak that originated in China has fueled a sharp sell-off this week that’s wiped out the market's gains for the year. “The messaging by the White House is unhelpful,” said Lawrence Gostin, a professor of global health law at Georgetown University. “What the White House is doing is conveying a sense of overconfidence. ... Of course, we do want to maintain calm with the public, but it flies in the face of facts. There is strong likelihood that we will see an outbreak in the United States and that we could see community transmission.
coronavirus n95 face mask for sale - CLICK HERE FOR THE LATEST ON CORONAVIRUS Trump's public efforts to project calm masked a behind-the-scenes focus. During his 36-hour visit to India, Trump received briefings from staff and periodically checked the impact on Wall Street, tweeting at all hours to try to reassure Americans and the markets about the spread of the virus. President Donald Trump, and first lady Melania Trump, step off Air Force One upon arrival, Wednesday, Feb. 26, 2020, at Andrews Air Force Base, Md. Trump is returning from India. (AP Photo/Alex Brandon)
coronavirus n95 face mask for sale - Trump reportedly expressed deep concern to aides about the impact on the markets, according to White House officials and Republicans close to the West Wing. Trump has tied his fortunes to Wall Street more closely than any of his recent predecessors and has made a strong economy his No. 1 one argument for reelection. As the media coverage of the virus has increased, Trump has grown concerned that even fears of an outbreak would stagger Wall Street, leading him to wonder aloud if Azar was the right person to lead the administration’s response, the officials said.