Brendan McDermid/Reuters Global stocks jumped Monday as lockdowns in several novel coronavirus hot spots appeared to be slowing the pandemic's spread. Italy suffered its fewest deaths in more than two weeks, while death tolls in France and Spain fell to multiday lows. "We're starting to see light at the end of the tunnel," President Donald Trump said on Sunday, though he warned of a "horrific" number of deaths in the coming days and weeks. "Policymakers need to be immensely vigilant and careful" about easing containment measures, one analyst said, or they risk a second wave of infections that would prolong the economic downturn. Visit Business Insider's homepage for more stories. Global stocks surged Monday as investors cheered signs that lockdowns were paying off in the battle against the novel coronavirus. Italy, the global epicenter of the pandemic, reported its fewest deaths in more than two weeks.

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