US stocks end lower on renewed concerns over coronavirus

US stocks fell on Thursday, weighed down by the renewed fears over the coronavirus spread, in addition to less-than-expected economic data.

The Chinese government revealed today that the coronavirus death toll rose to more than 1367 victims, and infected about 60,000 people.

Data showed today that the jobless claims in the US increased by 2000 to 205,000 in the past week, while the CPI reading rose by 0.1% during January, lower than forecasts of 0.2%.

To the oil market, WTI crude gained 0.5% to close at $51.42 a barrel, after it hit a day high of $51.9 and a low of $50.6.

Brent rose by 1% to $56.34 a barrel, with a high of $56.8 and a low of $54.9.

As for stocks, Dow Jones lost 0.4% or 128 points to settle at 29,423, and hit an intraday high 29,535 and a low 29,345.

Nasdaq fell by 0.1% or 14 points to 9,712 points, with a high of 9,748 and a low of 9,650 points.

S&P 500 fell by 0.1% or 5 points to close at 3,374 with a high of 3,3385 and a low of 3,360.