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Total confirmed cases: More than 60,300
Total deaths: At least 1,369
1:13 pm: Kraft Heinz says some China plants are still closed
Kraft Heinz CEO Miguel Patricio told Bloomberg that the food giant has closed some of its eight plants in China due to the outbreak. The company has already banned global employee travel to and from China. Kraft’s stock was recently down 7% after it reported declining sales during its fourth quarter and said it would delay the announcement of its turnaround plan until May. -Lucas
12:44 pm: Jeremy Siegel says coronavirus uncertainty is holding back the Dow from hitting 30,000
Longtime stock bull Jeremy Siegel told CNBC’s “Squawk Box” the Dow Jones Industrial Average would easily crack 30,000 if it weren’t for the market uncertainty around the coronavirus outbreak. “If there is good news on this virus front, we would pop above 30,000 I think without question,” said the Wharton Finance professor, as stocks…