Markets Recover from Coronavirus Selloff

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  • 01 mins 20 secs
Coronavirus fears sparked quite a selloff, but now markets seem to be recovering. The S&P 500 had its best day in a long time closing up 1.5% and the tech-heavy NASDAQ hit a new record high ahead of the State of the Union. Also, according to economic data from ADP and Moody's Analytics, private payrolls rose by 291,000 in January.