Stock Market Overview
The S&P 500 Index ($SPX) on Wednesday closed up +0.03%, the Dow Jones Industrials Index ($DOWI) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) closed up +0.24%.
U.S. stock indexes closed mostly higher Wednesday with the S&P 500 and Nasdaq 100 at new record highs. Stocks on Wednesday recovered from Tuesday's losses after China said it will take steps to contain the deadly coronavirus that spread beyond China's borders to Japan, South Korea, Thailand, and the United States.
The Chinese government said on Wednesday it will start a nationwide screening effort to contain the outbreak of the deadly coronavirus that has spread throughout China. The Chinese city of Wuhan, where the outbreak of the coronavirus started, said on Wednesday that it has suspended outbound flights and rail service from the city. Wuhan also suspended travel by bus, subway and ferry and said that citizens should not leave the city without special reasons, according to China's state broadcaster CC... Read more
SAN FRANCISCO (AP) — California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation.
SAN FRANCISCO (AP) — For three years running, California’s wildfires have sent plumes of smoke across Silicon Valley. So far, though, that hasn't spurred much tech innovation aimed at addressing extreme-weather disasters associated with climate change.
BILLINGS, Mont. (AP) — The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8 billion project closer to construction though court challenges still loom.
SEATTLE (AP) — An election for a volunteer board in the Seattle area is so obscure that voter turnout is typically less than 1%. Officials are giving online voting a trial run this year to try to boost turnout and explore how it might work in a bigger election.
TOKYO (AP) — Japan has had the second straight year of red ink in trade for last year, hurt by a slowdown of demand in China, according to government data released Thursday.
CHICAGO (AP) — Amtrak announced Wednesday the suspension of a pricing policy that resulted in a $25,000 travel bill for a group of wheelchair-bound activists heading to Bloomington-Normal, Illinois from Chicago for a conference and rally on disability rights.
BOSTON (AP) — The former head of a drug company was sentenced Wednesday to two and a half years in federal prison in a that prosecutors say helped fuel the opioid crisis.