Wall Street flat as virus cases rise; tech stocks advance

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The S&P 500 and Dow Jones indexes were largely flat on Monday as investors weighed the implications of rising coronavirus infections for business ...

REUTERS: The S&P 500 and Dow Jones indexes were largely flat on Monday as investors weighed the implications of rising coronavirus infections for business activity while the tech-heavy Nasdaq rose for a seventh session.

"Unless we see consumer confidence get back and resume activities, it might definitely create some anxiety on how the market looks at risk assets." U.S.-based meat processor Tyson Inc slipped 3.5per cent as China's customs authority suspended imports of poultry products from a plant owned by the company that had been hit by the coronavirus.

 

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