from ZeroHedge:

Summary:

• First coronavirus case reported in Queens, New York according to the New York Post – though not officially confirmed.


• UK confirms first two coronavirus cases after multiple scares


• Confirmed cases worldwide rise to 9,928 from 7,700 a day earlier, with 213 fatalities.


• Risk-off mood hits stocks


• Impact of virus “not fully reflected” in rigged China PMI number


• At least two-thirds of China’s economy to stay shut.


• Goldman disagrees with Ross, says virus blowback will wipe 0.4% off US GDP growth

• ‘The U.K. health department confirmed two cases of coronavirus in England on Friday, while the U.S. and Japan advised citizens to avoid traveling to China.


• Hong Kong schools shuttered until March 2


• Singapore closes borders to Chinese travelers, first southeast Asian nation to do so.


• More than 43 airlines cancel flights to China


• France successfully evacuates citizens


• 1,000 suspected virus cases ‘under observation’ in India


• Confirmed cases near 10,000 as Russia confirms 2


• JPM cuts global growth forecast


• United and Delta allow pilots to decline trips


• Delta expands China cancellations through April


• Research suggests 75,800 infected in Wuhan


• Iran cancels flights to and from China

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Update (1245ET): New York City has reported its first case of Coronavirus according an unconfirmed report in the NY Daily News.

An Asian man in his 50s was admitted to Elmhurst Hospital with the illness, the source said.

The FDNY and the NYPD could not immediately confirm a coronavirus patient in New York.

An NYPD message sent to eight Queens precincts early Friday advised officers to protect themselves if they planned to go to Elmhurst Hospital.

“Make sure the officer has proper gear (mask) to protect themselves,” the message said. –NY Daily News

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Update (1045ET): After its pilots’ union sued the airline to try and force cancellations, American has acquiesced and joined Delta in cancelling all flights to and from China, though the exact timeframe of the cancellations hasn’t yet been reported. Analysts expect the airline will wait a week to start cancelling flights to give customers a way out of China.

Read More @ ZeroHedge.com