advanced 0.87% to 9,817.18. Worries over the coronavirus and its impact on the global economy were assuaged slightly, lifting two of the three major indexes to record highs.China's National Health Commission on Wednesday reported an additional 1,749 cases of the coronavirus nationwide. That's the lowest number of newly confirmed cases since late January. This slowdown in new confirmed cases lifted investor sentiment as the S&P 500 and Nasdaq hit record highs.
There were also reports that China would take action to mitigate the coronavirus' impact on its airline industry. Still, the number of cases keeps rising around the world. The virus is also likely to significantly impact the global economy at least throughout the first quarter.Apple shares gained 1.45%, recovering from a sell-off Tuesday sparked by a revenue forecast warning from the tech giant. Amazon, meanwhile, rose 0.67% to contribute to Wednesday's gains.
People made money, the end
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Here's what happened to the stock market on TuesdayThe major averages were under pressure for most of Tuesday's session after a stark warning from Apple. Blah blah blah Powell the Printer injects 70 billion in one day via Repos blah blah blah DJIA federalreserve FOMC Your headline is very misleading. Over the past 5 days the Dow is down 0.15%, which is nothing. Fair and balance in reporting is lost on the Peacock family. Have you even read this bollox before sharing it? Your journalist is either a bot or entirely unqualified.
Källa: CNBC - 🏆 12. / 72 Läs mer »
5 things to know before the stock market opens WednesdayDow Jones Industrial Average futures indicated a higher open, priming the 30-stock average to snap a three-session slide. Is the Fed pumping today? Of course they are
Källa: CNBC - 🏆 12. / 72 Läs mer »
Apple hits stocks, euro near three-year lowWorld stocks markets were knocked off record highs on Tuesday as companies underlined the impact of the coronavirus outbreak This virus is a big deal economically and I don’t think we are prepared for the fallout.
Källa: Reuters - 🏆 2. / 97 Läs mer »
Stock market live updates: Nasdaq turns positive, Apple off lows, Tesla jumps, utilities recordStock market live updates: The number of declining stocks at the NYSE now outpaces those rising. New Investing and Personal Finance Forum. We would love to have you join! Link in bio FinanceFreeway . com Who cares? Just keep buying FAANG stocks and you are good. Once they too collapse you can shift residence to some other country before USD becomes toilet paper! Nasdaq futures now positive on the day. Nice comeback.
Källa: CNBC - 🏆 12. / 72 Läs mer »