European shares rise as investors hope for more stimulus
The Fed’s 50 basis points cut on Tuesday caught Wall Street off guard as it magnified the economic impact of the coronavirus and prompted questions over the efficacy of...
Dow has biggest daily jump since 2009 as Wall Street buys the dip
After the stock market extended gains in the session’s final minutes, the Dow wrapped up its strongest one-day gain since 2009, while the S&P 500 and Nasdaq each had...
Stocks plunge on coronavirus fears even as U.S. ramps up fight against spread
A day after President Donald Trump told Americans that the risk from coronavirus remained "very low," the S&P 500 .SPX logged its fastest drop of at least 10% in history in...
Pandemic fears pummel stocks, push bond rally to fresh heights
Global markets have dropped for six straight days, wiping out more than $3.6 trillion in value. Much remains unknown about the virus that originated in China, but it is...
Pandemic fears jolt stock markets, bonds rally
The S&P 500 and the Dow Jones Industrial Average both shed more than 3% on Tuesday in their fourth straight session of losses.
That led MSCI’s...
Exclusive: Japan to further ease rules on foreign ownership of stocks: sources
The exemptions will benefit foreign hedge funds and wealth asset managers, which own or invest heavily in Japanese shares, and help underpin Tokyo’s stock market - a key element...
Asian funds seek a sheltered shore in U.S. assets
Adding to the tension was the imminent release of flash manufacturing surveys for a range of countries. Japan’s index dropped to 47.6 in February, from 48.8, marking the steepest...
Asian stocks slip as virus’ regional spread spooks investors
China has reported a large drop in new cases and announced an expected interest rate cut to buttress its economy.
But that came together with a...
Asia stocks rise on lull in virus worry, euro still weak
MSCI’s broadest index of Asia-Pacific shares outside Japan recovered from a shaky start to rise 0.4%.
Chinese shares erased early declines to trade 0.6% higher....
Australian shares end higher after China cuts tariffs on U.S. imports
The S&P/ASX 200 index closed 1.1% higher at 7,049.2, having gained 0.4% on Wednesday.
Asian shares also cheered Beijing’s unexpected announcement, which could ease one of...