Wall Street steady as virus fears build; E*Trade surges on buyout deal

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Wall Street steady as virus fears build; E*Trade surges on buyout deal
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Futures dip as coronavirus cases outside China rise

) offered to buy it in a $13 billion stock deal, the biggest acquisition by a Wall Street bank since the global financial crisis.The mood elsewhere was more subdued, as the number of new coronavirus cases climbed in South Korea and Japan reported two new deaths. Research also suggested that the virus was spreading faster than previously thought.

Recent data from China has pointed to a slowdown in the outbreak, but the figures partly reflect a change in the diagnostic method, adding a degree of skepticism to whether the daily tallies accurately reflect the spread of the virus.

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