U.S. Stocks Close at Fresh High; Treasuries Slip: Markets Wrap

  • European and Asian shares rise; West Texas crude climbs
  • Powell says Fed has close eye on virus impact; gold falls
Neil Dwane, global strategist at Allianz Global Investors, and Peter Chatwell, head of multi-asset strategy at Mizuho International, discuss the outlook for markets amid China’s coronavirus outbreak and expectations of more accommodative Federal Reserve monetary policy.Source: Bloomberg
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U.S. stocks fought off a late-session swoon to close at fresh heights Tuesday, amid reports that the Federal Trade Commission is looking into acquisitions by some of the country’s biggest tech companies.