NEW YORK — Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by a 7% leap for the U.S. market. The number of new coronavirus cases is dropping in the European hotspots of Italy and Spain.
Wall Street Moves 7% Up As Markets Rally Worldwide On Hopes The Coronavirus Is Slowing
STAN CHOE and ALEX VEIGA / AP, Time: Business
Mon, 04/06/2020 - 2:24pm
Topics: european italy spain covid-19 york&rsquo ldquo;we’re randy frederick schwab center financial research ldquo;the the dow industrial average nasdaq nela richardson edward ldquo;it’s february ldquo;since morgan stanley in japan nikkei south kora&rsquo hong kong&rsquo hang seng in europe germany&rsquo france&rsquo cac the ftse london crude saudi arabia demand opec benchmark u.s ap business writer elaine kurtenbach york investors u.s york s&p frederick the s&p asia treasury jones japan&rsquo russia markets rally worldwide coronavirus slowing rose economy week barrel yield outbreak number gains sign due stocks days package monday index surge uncertainty reported surging prop health deaths pandemic oil fell late signs expectations peak trillion remain day losses weeks jumped economic prior record pushed year production long
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Andrea Petersen is a reporter at The Wall Street Journal in New York, writing about consumer health with a focus on mental health. Her stories have explored everything from the science of sleep to ...
04/30/2024 - 1:00 pm | View Link - The stock rally is masking stagflation risk raised by the latest GDP report, JPMorgan says
A"downside surprise" on GDP and the "upside surprise" on inflation complicates the soft landing view, JPMorgan says.
04/30/2024 - 1:19 am | View Link - Most markets build on Wall St rally, yen holds rebound
Markets mostly rose Tuesday following advances on Wall Street, while the yen held gains after the previous day's sharp swings and focus turned to the Federal Reserve's upcoming policy decision.
04/29/2024 - 9:30 pm | View Link - Most Asian markets build on Wall St rally, yen holds rebound
Markets mostly rose Tuesday following advances on Wall Street, while the yen held gains after the previous day's sharp swings and focus turned to the Federal Reserve's upcoming policy decision.
04/29/2024 - 8:18 pm | View Link - Chinese property shares rally on stimulus hopes
Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase ...
04/28/2024 - 5:46 pm | View Link - More
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