Stocks rose on Wednesday as investors tried to shake off concerns over how the coronavirus would impact corporate profits and the global economy.
The Dow Jones Industrial Average traded 200 points higher, or 0.7%, and hit a record. The S&P 500 advanced 0.5% to an all-time high while the Nasdaq Composite gained 0.6%.
As of Tuesday night, China's National Health Commission had reported 97 additional deaths with total confirmed cases passing 44,000. However, the pace of new reported cases appears to be slowing down as they hit their lowest levels since late January.
Source : CNBC