US Stocks Close Flat, Erasing Early Gains

As health authorities focus on deadly coronavirus
By Newser Editors and Wire Services
Posted Jan 22, 2020 3:11 PM CST

(Newser) – Technology companies led stocks to a flat close on Wall Street Wednesday, erasing the market's early gains, the AP reports. The topsy-turvy day comes as health authorities around the world take steps to monitor and contain a deadly virus outbreak in China to keep it from spreading globally. The international measures have helped reassure Wall Street following Tuesday's decline. The S&P 500 index gained 1 point or less than 0.1% to 3,321. The Dow Jones Industrial Average lost 9 points, or less than 0.1%, to 29,186. The Nasdaq rose 0.1%. The Russell 2000 index of smaller company stocks lost 0.1%. European markets were mostly lower and Asian markets climbed. (Read more stock market stories.)

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