S&P 500, Nasdaq close at all-time high as coronavirus fears recede

U.S. stocks closed mostly higher Tuesday, with the S&P 500 and Nasdaq Composite each posting a record finish, after a firm round of corporate earnings offset concerns about the spread of the coronavirus. The Dow Jones Industrial Average was virtually unchanged at about 29,276 while the S&P 500 rose about 6 points or 0.2%, closing near 3,358. The Nasdaq Composite Index jumped 0.1%, adding about 11 points to close near 9,639. Shares of Under Armour Inc. slid nearly 17% after the athletic apparel maker's results fell short of analyst expectations and guided lower.

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