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2/14, 10:00 PM (Source: TeleTrader)
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US stocks end mixed after WH stock incentives reports

Markets in the United States finished mixed on Friday after beginning the trading day with small gains and then trading in the red in afternoon trade amid continuing coronavirus fears. However, the Nasdaq 100 and S&P 500 managed to return to gains and hit new all-time highs amid reports of more tax cuts in the US this year and plans from the White House to introduce incentives for Americans to buy stocks.

The Dow Jones Industrial Average lost 0.09% at the end of the day, with IBM losing 2.39%. The Nasdaq finished 0.29% in the green as Expedia Group jumped 11.04%. The S&P 500 was 0.18% up at the end of the session. The euro was flat compared to the dollar, declining 0.04% to 1.08373 at 3:59 pm ET.

US markets will be closed on Monday for Presidents' Day.

Breaking the News / VP