closed 0.2% higher at 9,731.18. Stocks teetered along the flatline for most of the day, but Wall Street posted a weekly gain.The major averages posted a second straight weekly gain even as the number of reported coronavirus cases jumped this week. The S&P 500 and Nasdaq rose 1.5% and 2.2%, respectively, for the week while the Dow climbed around 1%.
More than 64,000 coronavirus cases have been confirmed, with deaths totaling at least 1,380. Earnings have been a bright spot for investors this week, however, with companies such as Nvidia and Expedia posting better-than-expected results. As the reporting period winds down, investors will turn their attention to the economic data for clues on how the coronavirus is impacting the global economy.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »