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Wall St. pulls back from records on worries about virus outbreak and global growth

Published 01/21/2020, 04:08 PM
© Reuters. Traders work on the floor at the NYSE in New York

© Reuters. Traders work on the floor at the NYSE in New York

US500
0.16%
DJI
0.25%
INTC
-0.65%
WYNN
-1.55%
IBM
-0.35%
LVS
-0.71%
NFLX
-0.48%
TSLA
0.15%
IXIC
-0.06%

(Reuters) - Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to U.S. shores and the International Monetary Fund (IMF) lowered its global economic growth forecast.

The Dow Jones Industrial Average (DJI) fell 151.25 points, or 0.52%, to 29,196.85, the S&P 500 (SPX) lost 8.75 points, or 0.26%, to 3,320.87 and the Nasdaq Composite (IXIC) dropped 18.14 points, or 0.19%, to 9,370.81.

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Latest comments

Thom MillerJan 22, 2020, 01:41
It would appear the only thing Trump got from the Chinese in his Phase 1 trade agreement was the coronavirus. It would be a real shame if it made its way to the White House....
Ben NetJan 21, 2020, 22:46
yes 6 chinnese people die of a virus and sp500 is weak due it??? ... they are not even trying anymore!
Jan 22, 2020, 02:14
the problem is ebola did the same but on slower pace but it did change fast
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