US Stocks Close Flat, Erasing Early Gains

As health authorities focus on deadly coronavirus
By Newser Editors and Wire Services
Posted Jan 22, 2020 3:11 PM CST
US Stocks Close Flat, Erasing Early Gains
In this Jan. 15, 2020, file photo specialist Scott Vasilisin, right works with trader Michael Milano on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

Technology companies led stocks to a flat close on Wall Street Wednesday, erasing the market's early gains, the AP reports. The topsy-turvy day comes as health authorities around the world take steps to monitor and contain a deadly virus outbreak in China to keep it from spreading globally. The international measures have helped reassure Wall Street following Tuesday's decline. The S&P 500 index gained 1 point or less than 0.1% to 3,321. The Dow Jones Industrial Average lost 9 points, or less than 0.1%, to 29,186. The Nasdaq rose 0.1%. The Russell 2000 index of smaller company stocks lost 0.1%. European markets were mostly lower and Asian markets climbed. (More stock market stories.)

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