Stocks rose on Wednesday, building on the week’s already strong gains, as investors recover from a recent drop sparked by coronavirus fears. The Dow Jones Industrial Average traded 355 points higher, or 1.2%. The S&P 500 gained 0.9%. UnitedHealth and IBM rose 4% and 2.8%, respectively, to lead the Dow higher. […]
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Nasdaq cuts gains as Tesla shares plunge
A plunge in Tesla shares spoiled some of the market’s comeback rally on Wednesday, pushing the Nasdaq Composite well off its session high. The tech-heavy index was up just 0.2% after rallying more than 1% earlier in the day. Tesla traded more than 14% lower a day after rallying more […]
Coronavirus live updates: WHO says new cases surged over 24 hours, Singapore confirms infant with virus
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 24,000 as of Wednesday morning.Total deaths: At least 490 worldwide as of Wednesday morning. 11:38 am: Oil jumps more than 3% on media reports of coronavirus drug hopes Oil […]
Stock market live updates: Dow up 300, coronavirus-related names bounce, Tesla drops
Medical officers spray Indonesian nationals with antiseptic as they arrive from Wuhan, China’s center of the coronavirus epidemic, and before transferring them to the Natuna Islands military base to be quarantined, at Hang Nadim Airport in Batam, Riau Islands, Indonesia, February 2, 2020. Antara Foto | Reuters This is a […]
Stock market live updates: Dow up 300, coronavirus-related names bounce, Tesla falls
Medical officers spray Indonesian nationals with antiseptic as they arrive from Wuhan, China’s center of the coronavirus epidemic, and before transferring them to the Natuna Islands military base to be quarantined, at Hang Nadim Airport in Batam, Riau Islands, Indonesia, February 2, 2020. Antara Foto | Reuters This is a […]
Private payrolls soar in January, the best monthly gain in nearly 5 years
The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from economists surveyed by Dow Jones and more evidence that the […]
Coronavirus live updates: Singapore confirms infant with virus, ECB chief says outbreak fuels economic uncertainty
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 24,000 as of Wednesday morning.Total deaths: At least 490 worldwide as of Wednesday morning. 9:35 am: Coronavirus infects six-month-old baby in Singapore Singapore’s health ministry confirmed four more coronavirus cases, […]
Coronavirus live updates: WHO plays down media reports of drug breakthroughs, US futures jump
Workers preparing the Wuhan International Conference and Exhibition Center on February 4, 2020 in Wuhan, China. It is understood that the first and second floors of Wuhan International Convention and Exhibition Center have been converted into temporary hospitals with a total of 1,000 beds, which are specially used to treat […]
Tesla shares dip as it plans delay to Model 3 deliveries in China due to coronavirus
Tesla Model 3 are located in a Tesla Service Center. Silas Stein | picture alliance | Getty Images Tesla shares dipped in pre-market trade on Wednesday after a company executive said that cars initially scheduled for delivery in early February will be delayed due to the outbreak of the new […]
Global stocks and oil prices rally on coronavirus drug hopes
A Chinese citizen undergoing testing for coronavirus while passing through a temporary corridor opened at a border checkpoint between Blagoveshchensk and Heihe. Temporary corridors are opened to return Russian and Chinese citizens to their countries as the Russian government orders to close the border with China as a measure to […]