US stocks bounce back after virus-fueled rout

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NEW YORK (AFP) - Wall Street stocks rebounded on Tuesday (Jan 28) following solid US economic data and mixed earnings as markets kept a watchful eye on developments in the China virus outbreak.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks rebounded on Tuesday following solid US economic data and mixed earnings as markets kept a watchful eye on developments in the China virus outbreak.

There"some optimism that's crept into the market that maybe this coronavirus won't spread enough out of control to really create a major epidemic crisis," said LBBW's Karl Haeling. Pfizer slumped 5.1 per cent as it reported a US$337 million loss in the fourth quarter on lower sales.

 

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