The S&P 500 and the Nasdaq indexes scaled new highs on Tuesday as investors took heart from remarks by a top Chinese health adviser that the ...
REUTERS: The S&P 500 and the Nasdaq indexes scaled new highs on Tuesday as investors took heart from remarks by a top Chinese health adviser that the coronavirus outbreak may be peaking.
The main U.S. stock indexes have reclaimed record highs as a batch of encouraging domestic economic data, largely upbeat corporate earnings and recent stimulus measures from China helped investors look past fears about the coronavirus. At 11:45 a.m. ET, the Dow Jones Industrial Average rose 0.07per cent to 29,296.65 and the S&P 500 gained 0.38per cent to 3,364.85. The Nasdaq Composite was up 0.48per cent at 9,674.32.
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