News Formal

Late surge lifts Wall Street stocks as virus hits economy

  • 📰 trtworld
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Wall Street stocks rally as US President Trump declares coronavirus a national emergency and set the stage for more testing in US

Traders work during the opening bell at the New York Stock Exchange on March 13, 2020 at Wall Street in New York City.

The furious rally at the end showed volatility remains elevated in markets, a trend also apparent in Europe where major bourses gained but finished well below session highs as the World Health Organization targets Europe as the new epicentre of the pandemic. The overall death toll jumped to more than 5,000 across the planet, including nearly 1,500 in Europe, with total infections topping 140,000 across the planet.

"Global supply chains are no longer just 'disrupted' but are now in the process of shutting down completely," he added. Further testing is expected to lead to a surge in US cases as well, a dynamic that could challenge markets again next week.

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:

 /  🏆 101. 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.

What Wall Street wants Donald Trump to do to save the stock marketAs the coronavirus undid the economic gains of the past three years, financial professionals told Newsweek what President Trump should do. RESIGN. Too late for that! resign
Source: Newsweek - 🏆 468. / 52 Read more »