Wednesday, May 1, 2024
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The German share price index DAX graph is pictured at the stock exchange

European shares bounce for second day on stimulus hopes

The European Commission said on Friday it was looking at loosening debt rules for member states and issuing common euro zone bonds in an attempt to shore up businesses...
The dollar surged on Thursday as extraordinary steps by central banks across the world to stem a coronavirus-induced financial rout saw mixed success, boosting bonds but failing to halt losses in stocks.

ECB stimulus boosts bonds but not stocks

The dollar gained as investors rushed to secure liquidity, pushing the British pound down 0.9% to its lowest since 1985 and rising 1% against major currencies to its highest...
A general view shows the German share prize index DAX board during afternoon trading as markets react on the coronavirus disease (COVID-19) at the stock exchange in Frankfurt, Germany

European shares sink again as virus pummels business

The pan-European STOXX 600 index sank 4.6%, sending it back toward near-seven-year lows hit in a massive global sell-off on Monday, with bourses in London and Germany leading declines.
Japanese stocks advanced on Wednesday after Wall Street staged a strong rebound as policymakers across the world cobbled together packages to counter the severe restrictions on various regular activities aiming at slowing the spread of the coronavirus.

Tokyo shares cheer Wall Street rally on stimulus hopes

The overall sentiment, however, was still fragile as lockdowns in Europe and the United States fanned concerns about the widening epidemic and whether policy support would be adequate enough...
A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S.

Another black Monday as coronavirus response upends Wall Street

The S&P 500 tumbled 12%, closing at its lowest level since December 2018, despite the Fed’s surprise move late Sunday to cut interest rates to near zero, its second...
A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain

World stocks set for worst week since 2008 financial crisis

European stock markets were slightly higher on Friday on hopes governments will step up spending, but only after several sessions of sustained, heavy losses as investors faced the possibility...
European stock index futures plunged to their lowest since mid-2016 on Thursday as investors were rattled by dramatic travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the fast-spreading coronavirus.

European stock index futures tumble on Trump travel ban

Trump on Wednesday suspended travel from Europe to the United States for 30 days, responding to mounting pressure to take action against the outbreak, which the World Health Organization...
A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain

Stocks gain after emergency BoE cut adds to stimulus hopes

The surprise move from the BoE which - on the day that Britain’s budget is set to open the taps on spending - also announced measures to support bank...
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany

European shares claw back some losses as oil prices move higher

The pan-European STOXX 600 gained 2.7% , but was far from making up for the 7% slump on Monday that pushed the index into bear market territory - seen...
Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown.

Stocks battered by Treasury rally as virus sparks shake out

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 2.1%, while Japan's Nikkei stock index .N225 sank 2.94%. Australian shares were down 2.44%. Europe looked set to...