Dow falls | Coronavirus confusion | Unstoppable Tesla

Tesla's amazing surge pushed the Nasdaq to a record, before coronavirus fears emerged again.

VIEW IN BROWSER | SUBSCRIBE THU, FEB 13, 2020 EVENING BRIEF AS OF THU, FEB 13, 2020 • 04:26 ET DJIA 29423.31 -0.43% -128.11 S&P 500 3373.94 -0.16% -5.51 NASDAQ 9711.97 -0.14% -13.99   Most Active DOW NAME LAST CHG %CHG CSCO 47.32 -2.61 -5.23% MSFT 183.71 -1.00 -0.54% AAPL 324.87 -2.33 -0.71% S&P 500 NAME LAST CHG %CHG F 8.25 +0.01 +0.12% GE 12.94 -0.22 -1.67% AMD 54.53 +0.64 +1.19% NASDAQ NAME LAST CHG %CHG AMD 54.53 +0.64 +1.19% CSCO 47.32 -2.61 -5.23% KHC 27.77 -2.27 -7.56% EDITOR'S NOTE Investors got a little too optimistic about the coronavirus, trusting questionable Chinese data and getting right back into 'buy-the-dip' mode this month.   But Thursday brought another reality check about the unpredictable disease. The Centers for Disease Control and Prevention confirmed a 15th case in the U.S., while skepticism is rising that China might be underreporting its infection data.   A senior administration official told CNBC that the U.S. does "not have high confidence in the information coming out of China" regarding the count of coronavirus cases. The market had managed to fully recover from the initial coronavirus-related sell-off in less than three weeks. The S&P 500 is actually up about 1% over the past 17 trading days since the outbreak. But if history is any guide, the market might be too optimistic about how this will play out and more losses could be on the way as investors realize the mounting costs to the global economy from the virus.   Looking back 20 years, previous epidemics, from SARS in 2003 to the Ebola scare six years ago, shaved 6% to 13% off the S&P 500 over different lengths of time, according to Citi's head of U.S. equity strategy Tobias Levkovich. Stocks have fared much better this time, at least for now.   "It is one thing for market pundits to tell investors that they should not panic over the coronavirus, but it's another thing to tell them it won't have ANY impact…and thus they should continue buying stocks with both hands," Matt Maley, chief market strategist at Miller Tabak, said in a note Thursday.   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Yun Li | CNBC Markets and Investing Reporter @YunLi626 TOP NEWS  Comeback rally pauses for stocks Tesla shares jump, reversing early losses following $2 billion stock offering Judge temporarily blocks Microsoft Pentagon cloud contract after Amazon suit The latest on the coronavirus WHO officials scramble to measure size of coronavirus epidemic: 'How big is the iceberg?' There's now a record number of 401(k) and IRA millionaires, according to Fidelity Joe Biden to host more than 250 donors from Wall Street, big business at NYC fundraisers – here's the guest list White House does not have 'high confidence' in China's coronavirus information, official says Trump Fed nominee Judy Shelton hammered by Democrats in confirmation hearing Trump favorite Hope Hicks will return to the White House as aide to Jared Kushner     TOP VIDEO Suddenly anything can happen in the market, says Wharton's Jermey Siegel   CNBC PRO Here's the full guide for investors trying to figure out coronavirus   SPECIAL REPORTS The S&P 500 is its cheapest since 2002, but markets looked very different then. Here's how Here's how bitcoin gets to $12,000   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS