S&P 500 and the Nasdaq inched to their second consecutive record closing highs o...
NEW YORK - S&P 500 and the Nasdaq inched to their second consecutive record closing highs on Tuesday as Chinese officials said the deadly coronavirus epidemic could be contained by April.
The World Health Organization, or WHO, called the Chinese coronavirus “public enemy number one.” But China’s foremost medical adviser on the outbreak said the crisis could be over by April, soothing jitters over the fast-moving epidemic, even as supply chains ruptured and Chinese firms began laying off workers.
Market participants watched closely as U.S. Federal Reserve Chair Jerome Powell began his semiannual economic update before congress. The Dow Jones Industrial Average was flat, the S&P 500 gained 5.66 points, or 0.17%, to 3,357.75 and the Nasdaq Composite added 10.55 points, or 0.11%, to 9,638.94.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500, Nasdaq hit record closing highs; Chinese workers returnThe S&P 500 and the Nasdaq notched record closing highs on Monday as Chinese wor...
Read more »
Dow jumps 170 points, Amazon leads S&P 500 and Nasdaq to record highsAnother day, another set of record highs. The S&P 500 closed up 0.6% and the Nasdaq closed up 1%, both reaching all-time highs today.
Read more »
S&P 500 and Nasdaq eke out fresh record closing highsThe S&P 500 and Nasdaq Composite were up slightly on Tuesday as investors digested testimony from the top U.S. central banking official.
Read more »
Chinese media firm cuts 500 workers in bid to survive coronavirusChinese firm Xinchao Media has laid off 500 people, or just over 10% of its work...
Read more »
RS Charts: Lil Wayne Surges to Top of Artists 500 Chart.LilTunechi takes Number One on the RS_Charts Artists 500 as 'Funeral' racks up over 100 million streams:
Read more »
Here's where S&P 500 CEOs are placing their bets on 2020 campaignsS&P 500 CEOs spent big in the fourth quarter of 2019, giving both Republicans and Democrats a boost going into a pivotal election year.
Read more »