Stocks rally falters as virus and trade nerves linger

LONDON - Europe’s share markets, bond yields and the euro all inched higher on Tuesday, as mildly reassuring signals from China’s economy helped limit worries about a potential second wave of coronavirus infections.

London’s FTSE, Frankfurt’s DAX and Milan and Madrid clawed higher early on, but France’s CAC40 and Wall Street S&P 500 futures were stuck in the red after Asia had struggled overnight too. But there was the first rise in car sales in 22 months to cheer and China’s foreign ministry also stressed the benefits of the recent Phase 1 U.S. trade deal following a report that some officials were reconsidering the agreement.

Late on Monday, the Fed said it would start purchasing shares of exchange-traded funds that invest in bonds, though policymakers also downplayed the likelihood of its interest rates being cut into negative territory. Brent crude futures climbed to a high of $30.11 a barrel and were up 0.2%, or 6 cents, at $29.69, reversing some of the previous session’s losses. The benchmark fell $1.34 on Monday.

originated from wuhan? show me the proofs

Asian markets still do not fully reflect the concern that a second wave may come.

I think we're going to have to do lockdowns every few months to cope with this.

Let Taiwan participate in WHO to combat the second wave of Wuhan Virus. For the sake of the health of the people of the whole world, sharing experience of Taiwan is urgently needed.

We're still in the first wave lol. The markets are delusional

Hi it's me, COVIDー19

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Asian stocks set to fall on growing second virus wave fearsAsian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. No one should do business with China ever again These headlines are so lame. Making up reasons why stocks rise or fall. Stocks move because of liquidity. End of!! An uncertain pathway is currently paving its way into all of our lives.
Source: Reuters - 🏆 2. / 97 Read more »

Japan stocks set to trade higher; Chinese inflation data aheadChina's inflation data for April is expected on Tuesday, with both the Consumer Price Index and Producer Price Index for the month set to be out around 9:30 a.m. HK/SIN. blackrock will buy junk bonds through the FED, breaking the established law. the debt you are going to pay your friend on foot, not them, they are going to get richer
Source: CNBC - 🏆 12. / 72 Read more »