News Formal

Stocks are tumbling again as investors worry Fed’s first emergency rate cut since 2008 is no cure for coronavirus slowdown

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Stocks are tumbling again as investors worry Fed’s first emergency rate cut since 2008 no cure for coronavirus slowdown

U.S. stocks declined and Treasuries surged as investors worried the Federal Reserve’s emergency cut won’t be enough to combat the economic impact of the coronavirus.

The two-year Treasury yield tumbled to 0.74 per cent, while the 10-year plunged toward 1 per cent. Banks led losses on equity benchmarks. Investors had piled out of risk assets last week as the spreading virus threatened to derail global growth, only to pour back in Monday in anticipation of concerted action from Group of Seven officials. Oil continued its rebound Tuesday, approaching US$48 a barrel, while gold also rose. The yen was higher versus the dollar.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Called it

Call me crazy but I'm thinking the virus doesn't care about interest rates.

Our economy is very brittle.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 10. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

TSX snaps six-day losing streak as global stocks rally on central bank hopesBoost comes from news that finance ministers and bankers to hold teleconference on coronavirus response Tuesday
مصدر: nationalpost - 🏆 10. / 80 اقرأ أكثر »

How to handle the RRSP deadline while stocks tumble over coronavirusThe RRSP contribution deadline is Monday, at a time when markets are in a tailspin — leaving nervous Canadians wondering what they should do this time. YahooFinanceCA
مصدر: HuffPostCanada - 🏆 61. / 53 اقرأ أكثر »

Stocks shed some gains after G7 holds off new stimulusStock markets shed some gains Tuesday after the Group of Seven countries held off announcing new measures to help the global economy cope with the disruption from the coronavirus outbreak.
مصدر: CTVNews - 🏆 1. / 99 اقرأ أكثر »

How to handle the RRSP deadline while stocks tumble over coronavirusThe RRSP contribution deadline is Monday, at a time when markets are in a tailspin — leaving nervous Canadians wondering what they should do this time. YahooFinanceCA
مصدر: HuffPostCanada - 🏆 61. / 53 اقرأ أكثر »