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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: