-- Thursday, January 23, 2020, 16:39 --
U.S. stocks came back from early losses to finish mostly higher on Thursday, as investors digested earnings reports and took heart from a World Health Organization decision to refrain from declaring China’s coronavirus outbreak a global emergency. The Dow Jones Industrial Average fell 26.18 points, or 0.09%, to 29,160.09. The S&P 500 was up 3.79 points, or 0.11%, to 3,325.54. The Nasdaq Composite gained 18.71 points, or 0.20%, to 9,402.48.
Oil futures tumbled for a third session in a row on Thursday, on fears that economic growth and oil demand may be hit by the spread of the coronavirus outbreak in China. West Texas Intermediate crude for March delivery fell $1.15, or 2%, to settle at $55.59 a barrel. March Brent crude lost $1.17, or nearly 1.9%, to $62.04 a barrel.
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