Stocks rise on Wall Street, but US braces for 100,000 deaths

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Stocks rise on Wall Street, but US braces for 100,000 deaths
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Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism about the reopening economy.

In Italy, where the crisis is easing but the death toll is a staggering 33,000, the ancient ruins at Pompeii were reopened to the public Tuesday, and the Colosseum in Rome, one of the world’s biggest tourist attractions, will begin receiving visitors again on June 1, though entrance times will be staggered to reduce crowding and tickets must be bought online.

“Right now, we’re not in the second wave. We’re right in the middle of the first wave globally,” said Dr. Mike Ryan, WHO’s executive director. Brazil has about 375,000 coronavirus infections — second only to the 1.6 million cases in the U.S. — and has counted over 23,000 deaths, but many fear Brazil’s true toll is much higher.

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