Stocks climb as virus numbers comfort markets

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

An analyst says 'traders are optimistic that the outbreak is nearing its peak and that governments would roll out more stimulus.' coronavirus

WALL STREET. A woman walks past the New York Stock Exchange in New York City on March 19, 2020. Photo by Johannes Eisele/AFP

Though expected more volatility in the days ahead, JJ Kinahan, chief market strategist at TD Ameritrade, was upbeat:"We're going to get through this and when we do, people will get back to work pretty quickly."

 

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

Meanwhile the PSE keeps dropping because of uncertainty and a directionless government which can't even accredit dozens of COVID-19 laboratories.

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:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Hopes of progress against COVID-19 lift world stocks; dollar, oil fall
Source: ABSCBNNews - 🏆 5. / 83 Read more »