Saturday, 25 Apr 2020 08:27 AM MYT
Safe-haven government bonds edged up while the dollar slipped, reflecting the market's unsettled direction. Oil's recovery lost some steam during the day. “The market is kind of stuck here,” Shipley said. “I don't think it will move far from here until we see that we can reopen the economy.” The S&P 500 gained 38.94 points, or 1.39 per cent, to 2,836.74 and the Nasdaq Composite added 139.77 points, or 1.65 per cent, to 8,634.52.
EU leaders agreed on Thursday to build a trillion-euro emergency fund to help recover from the coronavirus outbreak, while leaving divisive details until the summer.
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