Coronavirus live updates: Deaths in Spain surge, broad testing ‘weeks if not months’ away

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. 

  • Global cases: More than 343,421
  • Global deaths: At least 14,790
  • US cases: At least 35,224 
  • US deaths: At least 471

The data above was compiled by Johns Hopkins University. 

7:55 am: Broad testing across the US could be months away, Roche CEO says

Broad testing of every American, symptoms or not, could still be “weeks if not months” away, according to Severin Schwan, CEO of Roche, which has developed a coronavirus test being used in the U.S.

Schwan said his company has rolled out about 400,000 test kits over the past week. The kits are being used in every state, he said. Schwan added that U.S. testing capacity is still too low. “Demand continues to be much higher than supply,” he said. —Will Feuer

7:05 am: Cisco commits $225 million as Silicon Valley initiates investment blitz

7:00 am: Spain reports 462 new deaths, taking total fatalities to 2,182

A tourist wearing a protective mask takes a selfie outside the Sagrada Familia in Barcelona on March 11, 2020 after Spain banned all air traffic from Italy, closed schools and blocked fans from football matches after being caught off-guard by a near tripling of coronavirus infections in less than 48 hours.

Lluis Gene | AFP | Getty Images

Spain’s health ministry confirmed an additional 462 deaths overnight, bringing the country’s total number of fatalities nationwide to 2,182.

Spain has reported the fourth-highest number of COVID-19 infections worldwide to date, according to data compiled by Johns Hopkins University, behind China, Italy and the U.S., respectively. Prime Minister Pedro Sanchez on Sunday announced his intention to extend the country’s state of emergency by another 15 days. —Sam Meredith

6:58 am: Top US health official says it’s ‘premature’ to say if the US has failed

Dr. Anthony Fauci speaks as US President Donald Trump listens during the daily press briefing on the Coronavirus pandemic situation at the White House on March 17, 2020 in Washington, DC.

Brendan Smialowski | AFP | Getty Images

The battle against the coronavirus pandemic is like “the fog of war,” said top American U.S. health official Dr. Anthony Fauci in an interview with Science magazine, adding that it was “premature” to assess whether the U.S. plan has failed or not.

Fauci, who serves as director of the National Institute of Allergy and Infectious Diseases, has been on the frontline of the government response to the COVID-19 outbreak. 

“It’s almost like the fog of war. After the war is over, you then look back and say, wow, this plan, as great as it was, didn’t quite work once they started that throwing hand grenades at us,” Fauci said. —Weizhen Tan

5:10 am: Poland urges International Olympics Committee to change date of Tokyo 2020 Games

People wearing protective face masks, following an outbreak of the coronavirus, are seen next to the Olympic rings in front of the Japan Olympic Museum in Tokyo, Japan, February 26, 2020.

Athit Perawongmetha | Reuters

Poland’s representatives are calling on the International Olympics Committee (IOC) to change the date of the Tokyo 2020 Games.

It comes less than 24 hours after the IOC said it would step up its scenario-planning of the event to safeguard the health of everyone involved. The Olympic Games are currently scheduled to take place from July 24 through to August 9, with the Paralympic Games set to run from August 25 to September 6.

Canada has said it will not send teams to compete in the Olympic and Paralympic Games this summer, saying “nothing is more important than the health and safety of our athletes and the world community.” —Sam Meredith

4:30 am: European markets tumble; Stoxx 600 down 4.5%

European markets traded lower as the coronavirus outbreak continues to take its toll on the international community and financial markets. The pan-European Stoxx 600 fell 4.5% shortly after the opening bell, with industrials plunging 6% to lead losses as all sectors and major bourses slid deep into negative territory. —Holly Ellyatt

3:50 am: Hong Kong to ban all tourists

A security guard wearing protective gear checks the temperature of the visitor at the entrance of Accident & Emergency at Princess Margaret Hospital in Hong Kong, China, on Feb. 4, 2020.