• NEWS DESK

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.


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