Stocks, oil, bond yields rally after Trump signals coronavirus relief - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'Just a plaster on a deep wound': Stocks, oil, and bond yields rebound after Trump teases coronavirus relief

Global stock markets, oil prices, and bond yields rebounded on Tuesday as investors cheered the prospect of the US government taking action to counteract the economic impacts of coronavirus." during a press conference on Monday. Measures might include support for the hardest-hit industries such as hotels and airlines, a cut to payroll taxes, help for hourly wage earners who could lose hours or miss work due to the epidemic, and loans for small businesses.

"Only when that corner is turned can we start to argue for a return to market normality — and we are a long way from that corner being turned globally," he added.

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:

 /  🏆 729. in NG
 

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

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.

Trump coronavirus expert tells elderly 'don't get on a cruise ship' - Business InsiderIn an appearance on Meet the Press, Dr. Anthony Fauci said the elderly should not be traveling and 'above all, don't get on a cruise ship.' for some reason I rather just absorb that virus and add to my immune system bank Disease expert 😂😂 Stay off airplanes as well! They are nasty! No brainer!!!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

'Punched in the face': Oil, stocks, bond yields, and bitcoin plunge after crude producers signal a brutal price war | Currency News | Financial and Business News | Markets InsiderOil, stocks, bond yields, and cryptocurrencies plunged on Monday. The sell-off was sparked by Russia's refusal to follow other oil producers in ... JeffTanchak19 The poor investors 😭😭😭😭
Source: BusinessInsider - 🏆 729. / 51 Read more »

As coronavirus gains a foothold in the nation, it's business as usual for TrumpAfter visiting tornado damage in Nashville and the CDC headquarters in Atlanta on Friday, Trump took part in his standard social activities for the rest of the weekend without any apparent major concerns about community spread and the growing pandemic. Because he doesn't care Spreading FakeNews panic. A new slogan for CNN. President Leslie Nielsen ... sorry, Donald Trump, doing his usual comedy routine
Source: CNN - 🏆 4. / 95 Read more »

Stocks savaged, bars deserted, prisons in uproar as coronavirus spreadsItaly’s prime minister vowed ‘massive shock therapy’ to beat the coronavirus and urged Europe to act decisively after markets plunged and his country sealed off much of its wealthy industrial north are Italians freaking out ? what kind of paranoia is this 'Europe must come up with a 'strong, massive and coordinated response'...' -- Not just Europe, but globally an international, coordinated response is vital. World's Markets Tumbles COVID2019 Bitcoin
Source: Reuters - 🏆 2. / 97 Read more »

Coronavirus update: 111,397 cases, 3,892 deaths, Italian stocks diveThe rapidly growing outbreak of COVID-19 in Italy combined with worries about oil prices sent the stocks of some of Italy’s largest companies tumbling....
Source: MarketWatch - 🏆 3. / 97 Read more »

As energy stocks drop, UBS says to buy these two namesNew for subscribers: As energy stocks drop, UBS says to buy these two names Check out CNBCPro and get your first 30 days free.
Source: CNBC - 🏆 12. / 72 Read more »