Stock market trades in record territory as number of new coronavirus cases falls

Wednesday, 12 February 2020 23:50 WIB

Saham AS


U.S. stocks punched solidly higher Wednesday morning, with the S&P 500 and Dow hitting all-time highs, buoyed by signs of a slowdown in the number of new cases of COVID-19 — a novel strain of coronavirus that reportedly originated in Wuhan, China late last year.

The Dow Jones Industrial Average was up 195 points, or 0.7%, at 29,472, while the S&P 500 added about 16 points or 0.5%, to trade near 3,374. Both gauges logged intraday records. The Nasdaq Composite Index climbed 57 points to 9,695, a gain of 0.6%. All three benchmarks are trading in record-close territory.

Source: Marketwatch


  • Hong Kong stocks ended with losses Monday as worries about the depth of the economic crisis caused by coronavirus trumped the optimism caused by huge stimulus and monetary easing measures around the w...