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Tech stocks lift Wall Street as worries over rising virus cases mount

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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: Technology stocks pushed Wall Street's main indexes higher on Monday but sentiment remained fragile as a spike in coronavirus cases in the United States and other major economies fueled fears of a setback to the nascent economic recovery.

"There is a risk to the market that we come a long way very quickly. The bulls have a lot to prove here in terms of further gains, in the absence of maybe continued phenomenally good news from retail sales and jobs market." U.S.-based meat processor Tyson Inc slipped 2.9per 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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Wall Street flat as virus cases rise; tech stocks advanceThe S&P 500 and Dow Jones indexes were largely flat on Monday as investors weighed the implications of rising coronavirus infections for business ...
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