New York, Feb 12 (AFP/APP): Wall Street stocks hit new records on Wednesday, once again closing higher as investors remained confident that a virus outbreak in China will not imperil the global economy. The death toll from the COVID-19 coronavirus epidemic in China climbed past 1,100 earlier, but the number of new cases fell for a second straight day raising hopes the outbreak could peak later this month which consoled investors, analysts said. However, Karl Haeling of LBBW said in China “getting consumers and businesses back to full operating mode will take time.” The benchmark Dow Jones Industrial Average finished with a gain of 0.9 percent at 29,551.42. The tech-rich Nasdaq also rose 0.9 percent to end at 9,725.96, and the broad-based S&P 500 rose by 0.7 percent to 3,379.45 — both scoring their third consecutive record close. US politics also is starting to get the attention of markets, after leftist Senator Bernie Sanders’s came away with a victory in the New Hampshire Democratic primary on Tuesday. Gregori Volokhine of Meeschaert Financial Services said traders saw Sanders win as a positive sign since he is seen as unlikely to defeat President Donald Trump and implement his progressive policies including universal … Continue reading US stocks close at records, brushing off virus fears