Two of Washington’s most powerful lawmakers told CNBC they believe Congress will strike a coronaviurs relief package, although the timing is still unknown. Congress and the Trump administration have struggled to strike an aid agreement for several days, even as key relief benefits expired. While negotiations continue, markets await July’s employment data, which is expected to show 1.48 million jobs added during the month, amid rising infection rates and renewed virus-related shutdowns. The economy added 4.8 million jobs in June.
The following data was compiled by Johns Hopkins University:
- Global cases: More than 19.11 million
- Global deaths: At least 715,163
- U.S. cases: More than 4.88 million
- U.S. deaths: At least 160,104