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Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

The Latest: US opens more distance in worldwide vaccine race

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In this April 12, 2021, file photo, Freeson Wong, 31, takes a selfie as he receives a dose of the Moderna vaccine at a vaccination center in the Chinatown neighborhood of Los Angeles. The United States opened more distance between itself and much of the rest of the world on Thursday, April 15, nearing the 200 millionth vaccine administered in a months-long race to protect the population against COVID-19, even as other countries, rich and poor, struggle with stubbornly high infection rates and deaths. (AP Photo/Jae C. Hong, File)

NEW YORK — In the coronavirus vaccine race, the U.S. is opening more distance between itself and much of the rest of the world.

The U.S. has administered almost 200 million vaccine doses while other countries, rich and poor, struggle with the availability of vaccines. Parts of Europe, Latin America, Africa and Asia are experiencing virus variants fueling an increase in new cases as the worldwide death toll closes in on 3 million.

Nearly half of American adults have received at least one dose of the vaccine, and about 30% of adults in the U.S. have been fully vaccinated. The seven-day average of daily shots hit 2.9 million last week.

Still, daily infections in the U.S. have increased 11% in the past two weeks. Many states have lifted restrictions on businesses and public gatherings, even as more sick people get admitted to hospitals. Michigan leads with nearly 8,000 new infections per day.

France was expected to pass 100,000 virus deaths on Thursday, making it the eighth country to do so.

More than a third of the world’s deaths have occurred in three countries -- the United States (564,700), Brazil (361,800) and Mexico (173,000) where, combined, more than 1.1 million have perished.

___

THE VIRUS OUTBREAK:

— US opens more distance in vaccine race against coronavirus

— WHO: Europe surpasses 1 million COVID-19 deaths

— Africa CDC urges India to lift COVID vaccine export limits

— India skyrockets past 14M virus cases; 200,000 new infections in 1 day

___

Follow AP’s pandemic coverage at https://apnews.com/hub/coronavirus-pandemic and https://apnews.com/hub/coronavirus-vaccine

___

HERE’S WHAT ELSE IS HAPPENING:

LISBON, Portugal — Portugal’s restaurants, shopping malls, cinemas, high schools and universities will mostly reopen Monday as the country plans to gradually lift lockdown restrictions.


The government announced says it is mostly sticking with its strategy despite the number of coronavirus cases edging slowly higher. But a dozen council areas where cases remain high will keep limits in place.

Portugal’s pandemic metrics have ticked higher in recent weeks, after authorities last month began easing a lockdown introduced in mid-January. The incidence rate per 100,000 population over 14 days stands at 69, up from 62 on April 1. At the end of January, it was 1,628.

The number of hospitalized coronavirus patients has fallen to manageable levels. The country’s intensive care units had more than 900 patients in early February but now register 109.

The vaccination rate in Portugal is near is the European Union average, with 6.4% of the population fully inoculated. Portugal is using the AstraZeneca vaccine, and like many European countries, has faced vaccine supply shortages.

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DETROIT — Michigan’s largest hospital system is turning to tents to handle the flow of people seeking emergency care as it deals with a crush of COVID-19 patients in suburban Detroit.

Beaumont Health says it had more than 800 patients treated for COVID-19 on Thursday, up from about 500 two weeks ago and just 128 at the end of February.

Dr. Nick Gilpin called it a “runaway train.” Beaumont officials says tents have been set up at some hospitals to evaluate people who show up for emergency care.

Statewide, the number of COVID-19 patients is near record highs. Four hospitals this week reported they were at total capacity.

Gov. Gretchen Whitmer hasn’t ordered new restrictions to reduce the spread of the coronavirus, relying instead on vaccinations and expanded drug regimens. Whitmer is urging people to wear masks, keep a safe distance and follow rules on large gatherings.

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ROME — Pope Francis is offering Brazilians a message of hope and consolation amid soaring coronavirus deaths and infections in the country suffering “one of the most difficult tests in its history.”

In a video message to a conference of Brazilian bishops on Thursday, Francis says he was particularly praying for Brazilians who had lost loved ones to the pandemic.

“Young and old, parents, doctors and volunteers, sacred ministers, rich and poor: the pandemic has spared no one in its wake of suffering.” He says it was particularly tragic families couldn’t say goodbye to their loved ones: “This leaving without being able to say goodbye, leaving in this stripped-down solitude, is one of the greatest pains for those who leave and those who remain.”

Brazil trails only the United States in the official COVID-19 death toll, recording 361,000 deaths, according to the Johns Hopkins University tally. Public health experts blame President Jair Bolsonaro for refusing to enact strict measures to halt infections and for clashing with governors and mayors who did.

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STOCKHOLM — Health authorities in Sweden say the coronavirus situation in the country is “serious” and hospitals have quickly filled with patients nationwide.

Sweden reported more than 7,000 new coronavirus cases and 41 deaths in the past 24 hours. Britta Bjorkholm of the Public Health Agency of Sweden says, “now is the time to start following recommendations.”

Some 400 COVID-19 patients are currently being treated at intensive care units in hospitals. Bjorkholm says there’s an increasing number of cases detected in children and young people in Sweden. But she stressed it’s likely from improved testing procedures rather than an emerging trend.

She says recent studies showed the quickly spreading virus variant first detected in Britain “doesn’t seem to increase the risk of serious illness in children and young people.”

Despite a Europe-wide delay in the launch of Johnson & Johnson’s vaccine, Sweden is sticking to its target of all adult Swedes getting at least one vaccination shot by Aug. 15. Sweden has totaled more than 892,000 coronavirus cases and 13,761 confirmed deaths.

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TORONTO — Ontario reported a record 4,736 coronavirus infections on Thursday.

Ontario Health Minister Christine Elliott says the number includes 1,188 new cases in Toronto, the country’s largest city. There were 29 reported deaths.

There are 1,932 people hospitalized in Ontario with COVID-19, and 659 patients in intensive care and 419 on a ventilator.

Canada is dealing with a third wave of infections, likely fueled by variants, health officials say. Vaccinations have ramped up in Canada, but a delay in reapplying restrictions has led to a surge in Ontario.

The Ontario government says a field hospital in the parking lot of a Toronto hospital could be activated later this month as it grapples with rising hospitalizations caused by the virus.

___

TIRANA, Albania — Albania will receive a second batch of AstraZeneca vaccines this weekend.

Prime Minister Edi Rama says the country is expecting 90,800 AstraZeneca vaccines. The first batch of 38,000 arrived a month ago.

“There have been no problems with that, according to the immunization commission,” said Health Ministry spokeswoman Etiola Kola Nallbani. “Albania will continue vaccination with AZ.”

Albania has vaccinated some 300,000 people, starting with the medical personnel, elderly and schoolteachers. The goal is half a million people vaccinated ahead of the summer tourism season.

The new arrival will be available to the tourism industry staff of hotels and restaurants, according to Minister Ogerta Manastirliu.

The government has received about 400,000 doses so far out of 2.6 million contracted by Pfizer, AstraZeneca, Sinovac and Sputnik V. Albania has registered 128,959 coronavirus cases and 2,331 confirmed deaths.

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TEHRAN, Iran — Iran has finalized a deal with Russia to purchase 60 million doses of Sputnik V coronavirus vaccine.

The state-run IRNA news agency reported Thursday that Iran’s ambassador to Russia, Kazem Jalali, says the contract for enough vaccines to inoculate 30 million people was “signed and finalized.” Jalali says Iran will receive the vaccines by the end of the year.

Iran began a 10-day lockdown Saturday amid a fourth wave of coronavirus infections. Authorities ordered most shops closed and offices restricted to one-third capacity in cities declared as “red zones,” with the highest infection rates. Over 85% of the country is either a red or orange zone.

Only some 200,000 doses have been administered in the country of 84 million, according to the World Health Organization. COVAX, an international collaboration to deliver the vaccine equitably across the world, delivered its first shipment to Iran on Monday from the Netherlands, containing 700,000 AstraZeneca doses.

Earlier this year, Iran started its vaccine program with a limited number of Russian Sputnik V vaccine doses going to medical workers.

___

NEW DELHI — India’s two largest cities have imposed stringent restrictions on movement and one planned to use hotels and banquet halls to treat coronavirus patients.

New Delhi announced stay-at-home orders for the weekend. The moves in the capital came after similar measures were imposed in the financial capital of Mumbai.

Those moves came as daily infections in the country shot past 200,000 Thursday amid a devastating surge that is straining a fragile health system. The soaring cases and deaths have forced India to delay exports of vaccines to other countries.

“The surge is alarming,” says S.K. Sarin, a government health expert in New Delhi.

Arvind Kejriwal, Delhi’s top elected official, says despite rise in infections, 5,000 hospital beds are still available in the capital and added capacity. Still, more than a dozen hotels and wedding banquet halls were ordered to convert into COVID-19 centers where doctors from nearby hospitals will treat the moderately ill.

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GENEVA — U.S. Secretary of State Antony Blinken has kicked off an appeal to other countries to help inject $2 billion more to the U.N.-backed program to ship coronavirus vaccines to the world’s poorest countries.

The United States is co-hosting a pledging and donor conference Thursday, bringing together four presidents, three prime ministers and other dignitaries to help buttress the $6.3 billion already raised for the U.N.-backed COVAX program.

Blinken laid out a goal to raise COVAX’s target of vaccinating 20% of populations in the affected countries to 30%, with the addition of $2 billion in funds. The COVAX effort has been providing millions of vaccine doses to 92 of the world’s poorest countries.

“We recognize that as long as COVID is spreading and replicating anywhere, it poses a threat to people everywhere,” Blinken says.

Donors were expected to chip in either funds — prime minister Stefan Lofven announced Sweden was increasing its contribution to COVAX from $20 million to $280 million — or announce plans to share doses with the low- and middle-income countries.

Blinken highlighted the Biden administration’s contribution of $2 billion to COVAX in March and its plans to add another $2 billion through 2022.

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DHAKA, Bangladesh — The death toll from coronavirus in Bangladesh crossed 10,000 on Thursday.

The country’s health facilities are struggling to cope with the increased demands for hospital beds for the critical patients. There were more than 4,000 confirmed cases and 94 deaths reported in the last day.

Officials say new strains of the virus were spreading quickly, prompting the government to enforce a nationwide lockdown. They say the number of daily cases has increased seven-fold in a month while the number of deaths has doubled in recent weeks.

Dr. A.S.M. Alamgir, principal scientific officer of the government’s Institute of Epidemiology, Disease Control and Research, told The Associated Press the deaths could worsen in coming weeks. Authorities say Bangladesh, a nation of more than 160 million people, has only 825 Intensive Care Unit beds for the critical patients in both government and private hospitals.

Total cases have increased to more than 707,000 and more than 10,000 confirmed deaths, according to the Ministry of Health Affairs.

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BERLIN — The head of Germany’s disease control agency has warned that the situation in some of the country’s hospitals is “dramatic” in the need for treatment for COVID-19.

The Robert Koch Instiute reported 29,425 confirmed coronavirus cases in the past day and 293 deaths.

Lothar Wieler, who heads the Robert Koch Institute, says clinics in some cities and counties have already run out of intensive care beds. He says many of those requiring treatment are young adults.

Meanwhile, German set a record for COVID-19 vaccinations in a single day with nearly 740,000 on Wednesday, the Health Ministry says. The upswing began last week with the start of vaccinations in doctor's offices.

Germany has recorded nearly 3.1 million cases of the coronavirus and nearly 80,000 confirmed deaths.

___

BUDAPEST — A Hungarian minister dismissed concerns over the effectiveness of a Chinese-produced COVID-19 vaccine Thursday, claiming it provided better protection from coronavirus than some Western shots without providing any evidence.

Gergely Gulyas, chief of staff to Hungarian Prime Minister Viktor Orban, told an online press briefing that all six vaccines currently in use in Hungary are “reliable and effective,” and there is no need to provide a third dose of a jab produced by Chinese state-owned company Sinopharm.

Hungary is the only country in the European Union to have approved the Sinopharm vaccine and has already received more than 1 million of the 5 million doses it ordered. Prime Minister Viktor Orban received the first of the two-dose shot in February, saying he trusted it the most.

But the distributor in the United Arab Emirates began offering a third dose of the vaccine to a small number of people in March, saying it had not produced enough protective antibodies in some cases.

Concerns over the effectiveness of the vaccine were further heightened on the weekend when China’s top disease control official said current vaccines offer low protection against the coronavirus. Gao Fu later told The Associated Press that his words had been misinterpreted, and he was speaking about the effectiveness rates for “vaccines in the world, not particularly for China.”

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GENEVA — A top official from the World Health Organization says Europe has surpassed 1 million deaths from COVID-19.

Dr. Hans Kluge says the situation remains “serious” with about 1.6 million new cases reported each week in the 53 countries that make up its European region.

Addressing recent concerns about vaccines, Kluge says the risk of people suffering blood clots is far higher for people with COVID-19 than people who receive AstraZeneca’s coronavirus vaccine.

Kluge pointed to “early signs that transmission may be slowing across several countries” and cited “declining incidence” among the oldest people. He says the proportion of COVID-19 deaths among people over 80, who have been prioritized for vaccines, had dropped to nearly 30%.

Worldwide, a tally by Johns Hopkins University shows nearly 3 million deaths have been linked to COVID-19 — with the Americas hardest hit, followed by Europe. The United States, Brazil and Mexico have reported the highest number of deaths, collectively, at more than 1.1 million.

___

TOKYO — Japan’s western metropolis of Osaka reported a record 1,208 new coronavirus cases.

Tokyo reported a two-month high of 729 daily cases. A virus alert status began in Tokyo on Monday, allowing the authorities to issue binding orders for shorter hours at bars and restaurants.

Osaka and four other prefectures are also on alert, and the government is expected to add a few more areas for the elevated measures Friday.

The rapid resurgence in Japan comes less than three months before the Olympics. On Thursday, a top ruling party official suggested an option of canceling the Olympics if the infections make it impossible.

Officials are concerned that the sense of urgency is not shared by the people. Experts on a Tokyo metropolitan government taskforce warned that the new variant could replace the conventional coronavirus virus and trigger more infections by early May.

Dr. Shigeru Omi, head of a government taskforce, urged municipal leaders to take action quickly to curb the spread of the infections. Tokyo Gov. Yuriko Koike urged the residents to take maximum protection and asked non-Tokyo residents, except for essential workers, not to visit the area. She also asked the people to avoid traveling during the upcoming “Golden week” holidays beginning at the end of April.

Overall, Japan added 4,300 new cases Wednesday for a total of about half a million and 9,500 confirmed deaths.

___

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Johnson & Johnson (JNJ)
4.8779 of 5 stars
$147.93+1.5%3.22%9.22Hold$175.86
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