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Data: FactSet; Chart: Andrew Witherspoon/Axios

The unrest in Hong Kong hit the market hard Tuesday as the Hang Seng Index fell 2.1%. The territory's flagship airline Cathay Pacific saw shares tumble 2.55%, after a 4.9% slide on Monday that pushed the stock to its lowest price in a decade.

The backdrop: Hong Kong International Airport once again stopped all flights after protesters occupied the building for a fourth straight day as part of escalating citywide protests against a law that would allow China to extradite and try citizens from Hong Kong in the mainland.

  • On Friday, China ordered Cathay Pacific to suspend any staff who supported the protests. More than 14,000 Cathay employees had reportedly joined an effort to shut down the airport that led to the cancellation of more than 200 flights.
  • Over the weekend, Cathay's management said they would abide by the Chinese government's demands, and warned workers they could be fired for supporting protests.

Watch this space: Steve Eisman, a fund manager portrayed in “The Big Short,” says the Hong Kong protests are his biggest worry, as they could endanger the likelihood of a trade deal between the U.S. and China and hurt the global economy.

  • “I think the potential black swan ... is what’s happening in Hong Kong right now,” Eisman, a managing director and senior portfolio manager at Neuberger Berman, said in an interview on CNBC.

Go deeper: Cathay Pacific threatens to fire staff who support Hong Kong protests

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Updated 52 mins ago - Politics & Policy

Supreme Court clears way for first federal execution since 2003

Lethal injection facility in San Quentin, California. Photo: California Department of Corrections and Rehabilitation via Getty Images

The Supreme Court ruled early Tuesday that federal executions can resume, reversing a lower court decision and paving the way for the first lethal injection since 2003 to take place at a federal prison in Indiana, AP reports.

The big picture: A lower court had delayed the execution, saying inmates had provided evidence the government's plan to carry out executions using lethal injections "poses an unconstitutionally significant risk of serious pain."

2 hours ago - Health

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Data: Axios/Ipsos poll; Chart: Andrew Witherspoon/Axios

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Why it matters: A weakening partisan divide over masks, and a broad-based increase in the number of people wearing them, would be a welcome development as most of the country tries to beat back a rapidly growing outbreak.

Buildings are getting tested for coronavirus, too

Illustration: Eniola Odetunde/Axios

Testing buildings — not just people — could be an important way to stop the spread of the coronavirus.

Why it matters: People won't feel safe returning to schools, offices, bars and restaurants unless they can be assured they won't be infected by coronavirus particles lingering in the air — or being pumped through the buildings' air ducts. One day, even office furniture lined with plants could be used to clean air in cubicles.