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Stocks Give Up Early Gains as Coronavirus Fears Linger


Friday, 24 January 2020 23:35 WIB

DOW JONESS & P 500Indeks NasdaqSahamAS


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Stocks largely gave up early gains midmorning Friday, after authorities confirmed a second U.S. case of the coronavirus, underlining concerns about the spread of the potentially deadly virus that originated in China.

Still, Investor optimism following quarterly results buoyed shares of companies like Intel Corp. and American Express.

The Dow Jones Industrial Average was down 10 points, or less than 0.1%, at 29,150, while the S&P 500 traded about 5 points, or 0.1%, lower, near 3,321. The Nasdaq touched a fresh intraday high in early trade and was holding on to a gain of around 5 points, or less than 0.1%, at 9,408.

Source : Marketwatch


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