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Breaking: Stocks Near Lows of Session on Midday Selling

Investing.com
·1-min read

By Yasin Ebrahim

Investing.com - Wall pared most of its early gains on Wednesday on fresh fears about the impact from the coronavirus on global growth after Germany flagged concerns about an epidemic.

The Dow Jones Industrial Average was up about 77 points, or 0.31%, after rising more than 400 points. The S&P 500 rose 0.16% and Nasdaq Composite added 0.46%

Sentiment on stocks soured somewhat middayafter Germany's health minister said Germany is at the beginning of a coronavirus epidemic.

With fears rising the coronavirus may have more significant and longer-lasting impact on global growth than many had feared, safe-haven demand rose helping Treasuries claw back some losses.

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The United States 10-Year yield was flat at 1.33%.

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