DEFENSIVE STOCKS LIFT WALL STREET FROM SESSION LOWS
(Reuters) - Defensive stocks helped the S&P 500 and the Nasdaq erase losses to trade flat on Thursday, even though a sharp rise in new coronavirus cases in China kept investors worried.
The three main U.S. stock indexes had opened more than 0.5% lower as China reported a record spike in deaths and thousands more infections using a new diagnosis method at a province that is at the center of the outbreak.