Global stocks mixed on coronavirus but S&P 500, Nasdaq hit recordsA major concern stemming from the coronavirus is whether it will spread widely outside of China to Europe and elsewhere. NEW YORK: Major US stock indices finished at fresh records Monday, shrugging off worries about the coronavirus that pressured other equity markets and drove oil prices lower. As the outbreak continued, Chinese President Xi Jinping donned a face mask while visiting medical workers and patients affected by the deadly coronavirus that has killed more than 900 people. On Wall Street, the S&P 500 and Nasdaq ended at fresh records, while the Dow won solid gains and pulled to within 100 points of a record of its own. Equity markets in Europe retreated, while oil prices fell decisively on worries about loss of petroleum demand due to the outbreak.

Source: Bangkok Post February 11, 2020 01:47 UTC