Data: FactSet; Chart: Axios Visuals

While global stock prices have been battered, the coronavirus outbreak has been a major boon for orange juice futures, which have surged, rising by more than 6% on Tuesday and banking a fourth straight session in the green.

Why it matters: Thanks to a meteoric rise over the past week, orange juice has become one of the world's top performing assets so far this year.

What's happening: The COVID-19 outbreak is hitting both supply and demand for OJ. A desire for immune-boosting vitamin C has increased demand at stores while fear of infection is peeling off labor supply in key hubs.

  • "Traders are wondering if workers are around to man the plants here in Florida and in Brazil," Jack Scoville, a futures market analyst for the PRICE Group, wrote in a recent note.
  • "In addition, there are not enough tankers or containers around for shipping the product to buyers. Pickers are not going out into groves to pick the fruit for fear of getting too close to affected fellow workers and catching the coronavirus disease."

But, but, but: While orange juice has risen to near its highest price in a year, it remains well below its 2017 and 2018 highs, and is almost 50% below the settlement price it touched in late 2016.

Go deeper: A coronavirus guide for individual investors

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The positions of key GOP senators on replacing Ruth Bader Ginsburg

Senate Majority Leader Mitch McConnell talks to reporters on Capitol Hill last Thursday. Photo: Chip Somodevilla/Getty Images

With President Trump planning to nominate his third Supreme Court justice nominee by next week, key Republican senators are indicating their stance on replacing the late Justice Ruth Bader Ginsburg just over six weeks out from Election Day.

The big picture: Senate Majority Leader Mitch McConnell (Ky.) has vowed that "Trump’s nominee will receive a vote on the floor of the United States Senate." But Sen. Lisa Murkowski (Alaska) told Alaska Public Media, "I would not vote to confirm a Supreme Court nominee. We are 50 some days away from an election."

Updated 1 hour ago - Politics & Policy

ActBlue collects a record $91 million in hours after Ginsburg's death

A makeshift memorial in honor of Justice Ruth Bader Ginsburg in front of the U.S. Supreme Court on Sept. 19. Photo: Samuel Corum/Getty Images

ActBlue received a record $91.4 million in the 28 hours following Supreme Court Justice Ruth Bader Ginsburg's death, the Democratic donation-processing site confirmed to Axios late Saturday.

Why it matters via the New York Times: "The unprecedented outpouring shows the power of a looming Supreme Court confirmation fight to motivate Democratic donors."

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 30,674,077 — Total deaths: 955,440— Total recoveries: 20,908,811Map.
  2. U.S.: Total confirmed cases as of 11:30 p.m. ET: 6,764,803 — Total deaths: 199,258 — Total recoveries: 2,577,446 — Total tests: 94,211,463Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: The dwindling chances of eliminating COVID-19.
  5. World: Guatemalan president tests positive for COVID-19 — The countries painting their pandemic recoveries green.