US stocks climb as investors weigh the economic recovery from coronavirus

Get the Full StoryUS stocks edged higher Wednesday as investors assessed economic-reopening efforts in the face of climbing coronavirus cases, which hit a single-day record of 60,000 on Tuesday.

The surge in new cases could further threaten the US economic recovery.

Oil prices gained slightly ahead of a key report from the Energy Department.

Read more on Business Insider.

US stocks edged higher Wednesday as investors weighed rising coronavirus cases against efforts to reopen the economy.

On Tuesday, the US reported another record single-day spike of 60,000 new coronavirus cases, bringing the total number of confirmed cases in the country to 3 million, according to Johns Hopkins University. See the rest of the story at Business InsiderNOW WATCH: A cleaning expert reveals her 3-step method for cleaning your entire home quicklySee Also:A gauge of US service activity posts is biggest monthly jump since 1997 as the economy reopensThese 6 charts from the June jobs report show how much the economy has recovered and how much further it has to go'We are still in a deep economic hole': 5 economists explain why the June jobs report is weaker than it appears

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