Finance

What happened to the stock market Thursday: Reported coronavirus cases jump

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Traders work on the floor at the New York Stock Exchange.

Brendan McDermid | Reuters

Dow Jones Industrial Average falls 128.11 points

The Dow fell 128.11 points, or 0.4%, to 29,423.31. The S&P 500 dipped 0.1% to close at 3,373.94. The Nasdaq Composite slid 0.1% to 9,711.97. Stocks fell as investors grappled with a jump in reported coronavirus cases in China.

Reported coronavirus cases jump

China said it confirmed 15,152 new cases and 254 additional deaths. That brings the country’s total death toll to 1,367 as the number of people infected jumped to nearly 60,000, according to the Chinese government. Stocks initially sold off on the news, but later recovered most of those losses. Some equity…



Source cnbc.com

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