US stocks close at records, brushing off virus fears
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 … Continue reading US stocks close at records, brushing off virus fears
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