Wall Street rises on strong domestic data; Tesla limits Nasdaq's advance
Wednesday, 5 February 2020 Wall Street rallied for a third straight day on Wednesday after a clutch of positive data pointed to strength in the U.S. economy, but losses in Tesla shares pulled the Nasdaq off its record high.
The Nasdaq hit a record high Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of an economic impact from the coronavirus outbreak waned after China's central bank intervened. Fred Katayama reports.
Wall Street’s major indexes fell on Tuesday and the S&P 500 was headed for a record first-quarter decline. According to Reuters, that's due to the growing evidence of large-scale economic damage from..