Good afternoon: Today's PM — edited by Justin Green — is 438 words, a 2-minute read.
🚨 Situational awareness: New York City and Chicago are among the cities to cancel their St. Patrick's Day parades, a sign that officials are taking social distancing seriously.
Judie Shape, who has tested positive for the coronavirus, waves to her daughter, Lori Spencer, as they visit on the phone and look at each other through a window at the Life Care Center in Kirkland, Wash. Photo: AP Photo/Ted S. Warren
The coronavirus is now officially a pandemic, and the S&P 500 is right on the edge of ending the 11-year bull market that followed the Great Recession.
The big picture: Even well-intentioned moves like closing offices and schools can put millions at risk because they don't have paid sick leave or are students who rely on school for housing and meals.
Between generations, it's the perfect moment for young and healthy people to do their part to avoid putting the sick and elderly at risk.
Why it matters: This is the time when institutions like government and media need the credibility and trust to tell people hard truths.
The bottom line: It appears that American politicians are finally grappling with the scale of this threat, more than a month after the WHO declared a global emergency.
A lab technician begins semi-automated testing for COVID-19 at Northwell Health Labs in Lake Success, New York.
Beginning tomorrow, McDonald's will add a four-patty Double Big Mac to its menu for a limited time, per CNN.