News headlines today: Feb. 3, 2020NEW YORK -- as China took more steps to soften the financial impact of the virus outbreak.because of ties to supply chains and sales. Apple rose 3.5% and chipmaker Nvidia climbed 2.9%.
KEEPING SCORE: The S&P 500 index rose 1.7% as of 11:41 a.m. Eastern time. The Dow Jones Industrial Average rose 486 points, or 1.7%, to 28,886. The Nasdaq rose 2%. The Russell 2000 index of smaller company stocks rose 1.5%. Yields for short-term Treasurys are rarely higher than for longer-term Treasurys, and when it does happen, a rule of thumb says a recession may be on the way in about a year or so. This recession warning signal, which has a fairly accurate but not perfect history, had begun flashing in recent days on worries about the virus for the first time since October.
Chinese Tech Stocks are on FIRE! Impressive.
Might wanna mention how much the US fed is pumping into the stock market.
after the sotu address, Wed 2/5 stock market crash....