WHO's Tedros: Seeing dangerous increases in several countries

They are seeing dangerous increases in coronavirus infections in several countries, the World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said on Monday and added that hospitals are starting to fill up.

There is still a lot to be concerned about COVID-19 Tedros added and reiterated that too many countries are headed in wrong direction. 

"If basics aren't followed, pandemic going is to get worse and worse and worse," Tedros said. "There will be no return to old normal for the foreseeable future."

Market reaction

These comments don't seem to be having an impact on market sentiment. As of writing, the S&P 500 Index (SPX) was up 1% on the day at 3,216 points.