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.
The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global..