Nancy Tengler in The Wall Street Journal

Markets Hover Near Records Despite Growing Coronavirus Outbreak

Money managers say they have faith that epidemic will be contained

The coronavirus outbreak has closed factories, curbed spending and disrupted supply chains in the world’s second-largest economy. But U.S. stocks have held close to records.
The market’s resilience has surprised many money managers, especially given how quickly the epidemic has spread and how difficult they say it has been to assess the accuracy of information coming out of China.
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