CNBC Television U.S. stocks have been resilient because they represent the global safety trade: Fundstrat researcher

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Fundstrat’s Tom Lee discusses global market sentiment amid the coronavirus outbreak, and why U.S. stocks continue to be unbowed. The S&P 500 and Nasdaq Composite rose to record highs on Wednesday as tech shares outperformed while investors continued to weigh the coronavirus’ impact on the global economy. The broad index traded 0.6% higher, breaking above a previous all-time high of 3,, while the Nasdaq gained 0.9%. Meanwhile, the Dow Jones Industrial Average was up 150 points, or 0.5% Apple shares contributed to the gains, trading 1.6% higher. The Technology Select Sector SPDR ETF (XLK) — which tracks the S&P 500 tech sector — gained more than 1% to hit an all-time high. Tesla, meanwhile, jumped more than 9% after an analyst at Piper Sandler hiked his price target on the electric car maker to $928 per share from $729 per share. Tesla shares blew past the analyst’s price target, trading around $941 per share. China’s National Health Commission on Wednesday reported an additional 1,749 cases of the coronavirus nationwide. That’s the lowest number of newly confirmed cases since late January. “Encouraging signs have continued to emerge over the past week that China’s coronavirus outbreak ... is contained,” said Yan Wang, emerging markets and China strategist at Alpine Macro. “China’s stringent quarantine requirements will likely soon be relaxed, and the government’s focus will shift quickly from containing the virus to supporting the economy.” For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV