Apr 11, 2017

Obama and Angela Merkel will meet in Berlin

Evan Vucci / AP

Barack Obama will join German Chancellor Angela Merkel at the Brandenburg Gate in Berlin on May 25 for a discussion titled "Being Involved in Democracy: Taking on Responsibility Locally and Globally" as part of the Kirchentag, the German Protestant Church's biennial conference, per the AP.

Schedule check: President Trump will be at a NATO leaders' summit in Brussels on the same day. Mark your calendars — that's going to be a fun day.

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Stocks fall more than 3% as coronavirus cases spike

Photo: Johannes Eisele/AFP via Getty Images

Wall Street had its worst day in two years on Monday, following a spike in coronavirus cases in South Korea and Italy. The S&P 500 fell 3.3%, the Nasdaq Composite fell 3.7% and the Dow Jones Industrial Average sunk 1,030 points (3.5%).

The big picture: This is the U.S. stock market's biggest reaction thus far to the coronavirus, which has largely shrugged it off as a threat to the global economy (though the bond market has not). While the S&P is down from record highs — which it notched last week — the index is still above lows touched earlier this year.

This story is breaking news. Please check back for updates.

WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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