NEW YORK -- U.S. stocks surged on Monday after the governors of New York and New Jersey, two key East Coast states suffering from the coronavirus outbreak, both said they saw tentative signs of a "flattening" of the curve.
At his highly watched daily press briefing that began shortly after noon, New York Gov. Andrew Cuomo said new COVID-19 cases and deaths in his state had stayed relatively flat over the weekend, while new hospitalizations were down, signaling a potential plateauing of the outbreak in the U.S. epicenter.
