Global Stocks Regain Stability After Period of Volatility

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Global stocks regain their footing after an emergency rate cut by the Federal Reserve prompts investors to question how much central banks can do to offset the economic impact of coronavirus

Global stocks edged higher Wednesday, regaining their footing after an emergency rate cut by the Federal Reserve a day earlier prompted some investors to question how much central banks can do to offset the economic impact of the novel coronavirus.

Futures tied to the S&P 500 rose 1.5%, suggesting the benchmark U.S. index might claw back some of the steep losses it incurred following the Fed’s rate cut. In Europe, the Stoxx Europe 600 rose 0.5% after a mixed session in Asia. Bond yields hovered near record lows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks to this rate cut, if coronavirus doesn’t get you inflation will.

Nope

can't do that for the middle class, it's S O C I A L I S M ! ! ! only retirees & active stock holders

What the fuck sort of headline is that?

The Dow was down 700 points yesterday after that rate cut, how is that regaining their footing. They maybe up in overnight trading, but the volatility of these markets does not bode well. They are unstable.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global Stocks Rebounds On Bet Central Banks Will Offer Coronavirus ReliefMarkets rebounded on Monday after suffering their worst week since the 2008 financial crisis in a bet that central banks will intervene to support a global economy weighed down by the coronavirus. No other choice Premature But HOW can the market ALREADY REBOUND on a 'bet' made by Central Banks when NO ONE...NOT EVEN MEDICAL OFFICIALS fully know the ramifications of this virus? 🤷🏽‍♂️ WOW🤦🏽‍♂️IT REALLY BOGGLES MY MIND to know there are egotistical people who deem themselves 'experts,' but act as rookies!
Source: Forbes - 🏆 394. / 53 Read more »

Global Stocks Gain on Stimulus HopesStocks world-wide rallied, following U.S. markets higher on hopes that interest-rate cuts and government action will be able to cushion the impact of the novel coronavirus epidemic. Too bad us investment managers aren't. Lulz Hysteria subsides.
Source: WSJ - 🏆 98. / 63 Read more »

Global Stocks Claw Back More GroundStocks made further gains as investors weighed the likely impact of interest-rate cuts in response to the impact of the coronavirus epidemic. Looks like everying's going to be A-OK and we got this coronavirus under control. Good job world 🙄 And some sharp investors probably made a ton of money this past week MariloPozasC Greed!
Source: WSJ - 🏆 98. / 63 Read more »

Just two blue chip European stocks gained last week, for very different reasonsThe Stoxx Europe 600 lost almost 12% last week to post its worst five-day run since the financial crisis in 2008. However, two of the 600 companies listed on the European blue chip benchmark emerged in the black. Groupe SEB and NMC Health... Both are health stocks and Corona is right at the corner. Cheers
Source: CNBC - 🏆 12. / 72 Read more »