News Formal

US: Dow ends up 5.1% as stocks bounce back after rout

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

[NEW YORK] Wall Street stocks surged on Monday, staging a dramatic comeback after an historically bad week as markets cheered news that global finance heavyweights plan a coordinated response to the coronavirus epidemic. Read more at The Business Times.

US stocks were in the green most of the day, but trading was hesitant in stretches, in the wake of news of the first confirmed case in New York city.

"It's been an extremely oversold market and there's expectations for all kinds of fiscal and monetary easing," said Karl Haeling of LBBW. A US survey of manufacturers released Monday showed weaker than expected activity due to coronavirus, with more impact expected.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Dow ends up 5.1% as US stocks bounce back after routNEW YORK: Wall Street stocks surged on Monday (Mar 2), staging a dramatic comeback after an historically bad week as markets cheered news that ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »