Prognosis

California Cases Surge; Alabama Mandates Masks: Virus Update

WATCH: Johns Hopkins sees “cautious optimism” on vaccines.Source: Bloomberg
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California’s surge continued, with the largest U.S. state reporting near-record increases in cases and deaths. Alabama, one of the last states to shut down and among the earliest to reopen, required people to wear masks, and retail giant Walmart said its customers must wear face coverings at its U.S. stores.

The University of Oxford’s vaccine trial will report “positive news,” a U.K. journalist saidBloomberg Terminal, boosting AstraZeneca Plc shares. British Prime Minister Boris Johnson said the U.K. is striving to avoid a second spike of infections.