As US COVID-19 hospitalizations continue to decline, the lowest number since November 17 was reported Tuesday. A total of 79,179 COVID patients are currently admitted in hospitals across the country, according to COVID Tracking Project. Out of this, 16,129 patients are admitted in Intensive Care Units.
For the third straight day, the number of new cases reported are below 100000. With more than 92,000 additional people diagnosed with the viral infection on Tuesday, the total U.S. cases rose to 27,189,761, as per latest data compiled by Johns Hopkins University.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.