All three indexes are brushing off coronavirus concerns
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| | 2/11/2020 | |
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Stocks Snag Even More Record Highs Midday | By Lillian Currens | | Stocks have been mostly higher today, with the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) both notching even more record highs, while the Dow Jones Industrial Average (DJI) hasn't been far behind. Trade bellwethers Caterpillar (CAT) and United Technologies (UTX) helped prop up the blue-chip index for much of the morning, but at last check stocks were paring their gains. Meanwhile, oil is recovering amid reports that coronavirus cases are slowing. At the halfway point, crude for March delivery is up 1.4% to trade at $50.30 per barrel. Continue reading for more on today's market, including:
- How Under Armour stock slipped to the bottom of the New York Stock Exchange after earnings.
- Behind Hasbro's mixed holiday-quarter earnings report.
- Plus, options bulls bet big on LEVI; the federal ruling giving Sprint stock a big boost; and PHIO stock hits rock bottom.
| >> Continue reading... | |
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