"I think the schools are going to end up closing for longer periods of time," said Gottlieb. "I think what we need to do is focus on how do we blunt the impact of the mitigation steps."
Biden and Sanders are set to compete on Tuesday in delegate-rich states Florida, Illinois, Arizona and Ohio. Biden is an overwhelming favorite to sweep all four.
The French competition authority said Apple and two wholesalers agreed not to compete on prices and distribution, "thereby sterilizing the wholesale market for Apple products."
Consumer staples stocks have outperformed the broader market amid the coronavirus spread, and three key tailwinds could prolong their relative strength, says Tocqueville's John Petrides.
Mohamed El-Erian said Monday the Fed wasted a large part of its monetary policy arsenal to fight the economic fallout of the coronavirus by doing things backward.
"What's happening right now (is) we're starting to price in the reduction in earnings for 2020 and the possibility now of a recession," said Anthony Scaramucci, founder and co-managing partner of Skybridge Capital.