Omicron sub-variant BA.2 accounts for about 55% of COVID variants in U.S. - CDC

A resurgence of COVID-19 cases in parts of Asia and Europe has raised concerns that another wave could follow in the United States, but the country's health experts believe it is unlikely. read more

Evercore ISI analyst Michael Newshel said the 7-day rolling average for COVID cases bottomed a week ago at just under 29,000 and has stayed at about the same level.

"There could be a modest increase in cases in the short term as more states bottom, but there are still no signs of a sharp reversal to the degree seen in many countries in Europe," Newshel said in a note. ...

The highly transmissible BA.2 sub-variant is estimated by the U.S. Centers for Disease Control and Prevention (CDC) to make up 54.9% of the COVID-19 variants in the United States, as of March 26.