Anxieties over the spread of the coronavirus from Italy to the U.S. are high
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| | 2/25/2020 | |
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Stocks Give Up Gains Midday | By Lillian Currens | | The Dow Jones Industrial Average (DJI) this morning was on pace to recoup some of its massive 1,031-point sell-off on Monday, but has since turned lower around midday, brushing off a post-earnings pop from Home Depot (HD). Despite this rebound attempt, coronavirus anxiety is still high, with investors fretting over a possible spread in the outbreak from Italy to the U.S. Now, the blue-chip index is eyeing a triple-digit loss at the midway mark. The Nasdaq Composite (IXIC) and the S&P 500 Index (SPX) have also pared this morning's gains, with notable losses of their own. Continue reading for more on today's market, including:
- Behind Mastercard's dismal coronavirus predictions.
- Why General Electric stock is in focus today.
- Plus, options bulls bank on Yelp stock; VVPR posts growth in H2; and TUP stock falls out after earnings.
| >> Continue reading... | |
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