The BA.2 subvariant now makes up an estimated 34.9% of COVID-19 cases in the U.S., according to the most recent data from the Centers for Disease Control and Prevention. That’s up from the estimated 23.1% of new cases reported a week ago. BA.2 is a subvariant of omicron and is more transmissible than omicron. The number of new cases in the U.S. continues to decline; the seven-day moving average was 27,786, as of Sunday, according to the CDC. However, cases are rising in many parts of the world, including China and several European countries.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
