Futures pointed to a higher open for Japanese stocks, while shares in Australia were higher in early trade.
Investor focus on Friday will likely be on the overnight surge in oil prices, with U.S. crude settling 24.67% higher at $25.32 per barrel. International benchmark Brent crude futures also gained 17.8% to $29.14 per barrel. Still, concerns over the economic impact of the global coronavirus pandemic are likely to linger. On Thursday, the U.S. Labor Department said U.S. initial jobless claims surged to more than 6 million last week, reaching a new record as coronavirus-related shutdowns roll through the country.
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Global Stocks Fall as Treasurys AdvanceTreasury bonds rallied Thursday, while global stocks tracked declines in U.S. shares, as concern grew about the worsening impact of the novel coronavirus on the world economy. SO basically this means another some odd trillion needs to be injected into the market to calm the little investors' worried hearts? Yes, countries of good faith ,must be very united Approximately 7.8 billion people in the world? Yes? Approximately 1 million infected? Yes? That's approximately .012% ? Yes? Slow the roll of panic mode media and we might just accomplish something. clickbait labrats Covid19 stopwiththepanic 🍅 media kooks
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Asian stocks fall on lagging worries about virusAsian shares mixed on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions
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