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U.S. equity markets were little changed Friday as the number of new coronavirus cases soared for a second day and the phase one trade deal between the U.S. and China went into effect. The early action has all three of the major averages hovering just below their record highs. China's National Health Commission said Friday the number of coronavirus cases rose by 5,090 to at least 63,851 as the death toll rose by 121 to 1,380. The outbreak could delay China's purchases of an additional $200 billion of U.S. products, which were promised in the partial trade agreement between the two countries. The pact goes into effect on Friday.