Stocks rise as lockdowns ease | The Malaysian Insight

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Stocks rise as lockdowns ease

Customers at Puckett’s Grocery & Restaurant yesterday in Franklin, Tennessee. Tennessee is one of the first states to reopen restaurants after the onset of the coronavirus pandemic. – AFP pic, April 28, 2020.

EQUITY markets rallied yesterday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply glut overwhelmed output cuts. US markets followed Asia and Europe higher after virus figures from some of the worst-hit countries provided hope that the peak of the crisis may have passed.

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