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U.S. stocks end mixed amid virus concerns

Xinhua News,NEW YORK
2020-06-18 04:37

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NEW YORK, June 17 (Xinhua) -- U.S. stocks closed mixed on Wednesday as investors grew concerned over a marked increase in coronavirus infections across the country.

The Dow Jones Industrial Average fell 170.37 points, or 0.65 percent, to 26,119.61. The S&P 500 decreased 11.25 points, or 0.36 percent, to 3,113.49. The Nasdaq Composite Index gained 14.66 points, or 0.15 percent, to 9,910.53.

Both the 30-stock index and the S&P 500 snapped their 3-day winning streak.

Eight of the 11 primary S&P 500 sectors ended lower, with energy down 3.28 percent, leading the laggards.

A rapid increase in new coronavirus cases in some U.S. states has raised questions about a swift economic recovery from the pandemic, experts noted.

More than 2.15 million confirmed COVID-19 cases have been reported in the United States, with over 117,000 deaths as of Wednesday afternoon, according to the Center for Systems Science and Engineering at Johns Hopkins University.
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