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


Wednesday, 12 February 2020 23:50 WIB

Saham AS


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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


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