U.S. stocks stabilized Wednesday as investors continued to weigh the fast-spreading coronavirus and its impact on the economy.
The Dow Jones industrial average jumped 300 points after shedding nearly 2,000 points over the past two days. Heading into Wednesday, the blue-chip average is off 8.4% from its Feb. 12 record, putting it on the brink of a correction, generally defined as a decline of 10% from a recent high.
