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Axios Markets Editor Dion Rabouin explains the historically lucrative Wall Street strategy of “buying the dip.” Now, with the coronavirus, some are employing the same strategy, but there’s no telling if it’ll be as successful.

Go deeper

Updated Dec 8, 2020 - Health

The states where face coverings are mandatory

Data: Compiled by Axios; Map: Danielle Alberti/Axios

Wyoming on Monday became the latest state to implement a mask mandate to fight COVID-19, amid a steep spike in cases across the country.

The big picture: States are reintroducing mitigation efforts like closing businesses and advising people to stay home as the U.S. averages the most daily cases of any point in the pandemic.

Poll: 59% of Americans support nationwide 2-week stay-at-home order

People lay out on the grass while maintaining social distancing guidelines in Williamsburg, Brooklyn. Photo: Rob Kim/Getty Images

Over half of Americans surveyed in a new NPR/Ipsos poll support a mandatory, nationwide order to shelter at home for two weeks to slow the spread of the coronavirus.

Why it matters: COVID-19 deaths and hospitalizations are rising across the U.S., which saw dramatic surges in new infections this summer. More than 155,000 Americans have died, per Johns Hopkins.

First bipartisan multistate coronavirus testing drive to tackle shortages

A Whittier Street Health Center nurse performs a COVID-19 test in Roxbury, Massachusetts, on Monday. Photo: Matt Stone/MediaNews Group/Boston Herald

A bipartisan group of governors has joined the Rockefeller Foundation to deliver 3 million rapid coronavirus antigen tests to slow the spread of COVID-19 and help states safely reopen, the nonprofit announced Tuesday.

Why it matters: With no national plan, the initiative with Maryland Gov. Larry Hogan (R), Louisiana Gov. John Bel Edwards (D), Massachusetts Gov. Charlie Baker (R), Michigan Gov. Gretchen Whitmer (D), Ohio Gov. Mike DeWine (R), and Virginia Gov. Ralph Northam (D) would be the first coordinated testing strategy in the U.S.

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