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WH adviser Kudlow: There is no second wave of US coronavirus cases

"There is no second wave of US coronavirus cases, there are some hot spots," White House economic adviser Larry Kudlow told CNBC on Monday.

"It is up to local officials if any more targeted measures needed with coronavirus outbreaks," Kudlow added and noted that he does not anticipate another nationwide shutdown.

Market reaction

Wall Street's main indexes remain on track to start the day in the positive territory following these comments. As of writing, S&P 500 futures were up 0.67% on a daily basis.

US: Chicago Fed National Activity Index improves to 2.61 in May from -17.89 in April

The Federal Reserve Bank of Chicago's National Activity Index (CFNAI) recovered sharply to 2.61 in May from -17.89 (revised from -16.74) in April. "Th
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WH adviser Kudlow: Nothing determined regarding size of next coronavirus relief package

"Nothing has been determined regarding the size of the next coronavirus relief package," White House economic adviser Larry Kudlow told CNBC on Monday
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