Wall Street steady as investors weigh coronavirus risks

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Wall Street steady as investors weigh coronavirus risks
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U.S. stocks ticked higher on Monday, as people returned to work in China after a...

- U.S. stocks ticked higher on Monday, as people returned to work in China after an extended new year holiday triggered by the coronavirus outbreak but sentiment remained fragile.

The death toll from the epidemic has surpassed that of Severe Acute Respiratory Syndrome from 2002-2003, with the World Health Organization warning that the number of latest coronavirus cases outside China could be just “the tip of the iceberg”. Eli Lilly dropped 2.5% after experimental drugs from the U.S. pharmaceutical firm and Switzerland’s Roche failed to halt Alzheimer’s disease.

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