S&P 500, Nasdaq edge up to record closing highs for second day

S&P 500, Nasdaq edge up to record closing highs for second day

The S&P 500 and the Nasdaq indexes scaled new highs on Tuesday as investors took heart from remarks by a top Chinese health adviser that the coronavirus outbreak may be peaking.

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 6, 2020. REUTERS/Lucas Jackson

NEW YORK: The S&P 500 and the Nasdaq inched to their second consecutive record closing highs on Tuesday after Chinese officials said the deadly coronavirus epidemic could be contained by April.

Based on the latest available data, the Dow Jones Industrial Average fell 0.62 point to 29,276.2, the S&P 500 gained 5.68 points, or 0.17per cent, to 3,357.77, and the Nasdaq Composite added 10.55 points, or 0.11per cent, to 9,638.94.

(Reporting by Stephen Culp)

Source: Reuters

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