🇬🇧

European stocks reach record highs on hopes virus is peaking

Credit: Reuters- Published on February 11, 2020
World stocks resumed rising towards record highs on Tuesday and the dollar reached a four-month high as China's top medical advisor said the coronavirus epidemic may plateau in the next few weeks.
Advertisement

Credit: Wochit
Published on February 13, 2020 -  00:35
Defensive Stocks Buoy Wall Street
(Reuters) - Gains in defensives helped U.S. stocks bounce off session lows on Thursday, even as sentiment remained fragile after a spike in new coronavirus cases in China renewed worries over the scale of the epidemic and its likely impact. The S&P 500 fell as much as 0.6% in early trading after China reported a record spike in deaths and thousands more infections using a new diagnosis method at Hubei, the epicenter of the outbreak. This changed the mood on Wall Street, where a day earlier investors had bought on signs that the virus spread was slowing and helped the three main indexes close at record highs.

You are here

Recent related videos from verified sources

Europe stocks follow Wall St higher on virus action hopes 01:30
Credit: Rumble - Published on March 3, 2020 


Wall St. hits record highs as virus fears ease 01:41
Credit: Rumble - Published on February 13, 2020 


S&P 500, Nasdaq reach record closing highs 01:20
Credit: Reuters Studio - Published on February 10, 2020 


European stocks shrug off virus worries, hit record highs 01:20
Credit: Rumble - Published on February 6, 2020 


You might like