U.S. Daily Market Review 20.2.20

U.S. stocks partly moved today amid an incline of the number of coronavirus cases outside China raised more concerns about the global impact of the epidemic.

At 10:00 a.m. ET the Dow Jones Industrial Average slipped 19.67 points, or 0.07%, at 29,328.36.

The S&P-500 fell 0.41 points, or 0.01%, at 3,385.74 and the Nasdaq Composite lost 3.95 points, or 0.04%, to 9,813.23.

Brands Inc (LB.N) declined 2.2% on plans to sell a majority stake in its Victoria’s Secret unit to investment firm Sycamore Partners.

The USD is into a rising path, on a way to a key psychological threshold that could result in even additional surge.

E*Trade (ETFC.O) soared 24% after Morgan Stanley (MS.N) decided to purchase it in a $13 billion stock deal. Also, the stock of Morgan Stanley rose almost 4%.


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