U.S. stocks edge down in afternoon trading * Oil prices gain, up for week * U.S. dollar index higher (Updates with oil price settlements) NEW YORK, Feb 14 (Reuters) – Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China’s coronavirus outbreak, while oil prices registered their first weekly gain since early January. Chinese health authorities reported more than 5,000 new cases of coronavirus on Friday. […] Oil rose and chalked up its first weekly gain since early January, backed by expectations producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus outbreak. Brent crude futures gained 98 cents to settle at $57.32 a barrel, while U.S. crude rose 63 cents to settle at $52.05. […] U.S. Treasury yields declined as investors bought safe-haven government debt ahead of a long holiday weekend after soft retail sales data and amid the continuing virus concerns in China.
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