Global stocks gain on hopes pandemic is reaching peak

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Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal to cut oil production bolstered crude prices.

European stock markets gained for a fourth straight day, with investor attention also focused on a meeting of European Union finance ministers to discuss an economic rescue package.

Shares in China, where the novel coronavirus first emerged late last year, rose 0.42%. Australian shares were up 2.54%. New York Governor Andrew Cuomo said the state’s efforts at social distancing were working in getting the virus under control in one of the biggest hot spots in the United States. While Trump’s optimism helped stoke Wall Street’s rally, recent U.S. data and forecasts are only now beginning to reflect the economic damage.

The coronavirus has spread rapidly across the globe, infecting more than 1.4 million people and causing more than 87,500 deaths, according to a Reuters tally.

 

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None knows where is the peak. It could be much more worse.

Let's hope so. The inflection point will come soon.🙏

lol

The show must go on!

We are not near a peak in the United States. Just because the first hit states like NY, CA, WA, & OR are starting to flatten the curve, we have a long ways to go in every other state. Please people StayHomeSaveLives

Plateau

so Korea has stated that people with the virus who have come out of their ordeal have tested positive once again, meaning this isn't going anywhere for the world until there's a vaccine and Reuters says we're nearing the end essentially

Et pour le poket, ça va bien aussi? Essayez donc la roulette russe.

economy has been hit hard by the pandemic Latest updates | cases per million population👇 CoronavirusOutbreak Corona

'investors were betting' well thats fine, everything's back to normal

Another wave of 6.6M American workers have filed unemployment claims for the week ending April 4, bringing the cumulative total to 16M over the past 3 weeks.

Latest updates | cases per million population👇 COVIDー19 COVID

Which once again proves beyond doubt that shares have no connection at all to the real economy They are a casino to be manipulated and played. No problem, every-time it goes wrong the taxpayer will pay. Because we are so stupid that we let this continue time after time after time

Whether for whatever reason you're a supporter of this POTUS or NOT The TRUTH is that as U fear for the lives of Ur Family, Friends n loved ones And can't attend school, work, church or Funerals This POTUS has told U from his own mouth NOT MY PROBLEM!

Well, 'more stimulus to support their economies'

Money isn't everything. Why don't we start gauging the health of the world on happiness of the poorest people. There's your new goal.

The coronavirus is a hoax as foxnews falsey demonstrated here. They CANNOT be trusted to offer the public safe, truthful information. This is murder, plan and simple.

An inconvenient truth for realDonaldTrump and his leadership skills during this crisis. Wait for it..

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