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Wall Street erases gains on fears of coronavirus spreading in U.S.


(Reuters) – U.S. stocks turned lower in afternoon trading on Wednesday in a fresh wave of selling sparked by fears of the coronavirus spreading in the United States.

At 1:47 p.m. ET, the Dow Jones Industrial Average was down 116.19 points, or 0.43%, at 26,965.17, the S&P 500 was down 10.97 points, or 0.35%, at 3,117.24. The Nasdaq Composite was down 13.22 points, or 0.15%, at 8,952.39.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur



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