Benchmarks in Tokyo, Hong Kong and Southeast Asia retreated while Shanghai was little-changed after Wall Street suffered its biggest decline in weeks.
Tokyo's Nikkei 225 fell 0.7% to 19,137.95 and Hong Kong's Hang Seng edged 10 points lower to 23,805.56. The Shanghai Composite Index advanced 0.5% to 2,840.05.India's Sensex opened up 1.3% at 31,034.91. New Zealand's main index fell 1.4% and Singapore was down 1.3%. The price for oil to be delivered in June didn't hit zero, partly because storage isn't as pressing a problem.
Also Tuesday, the U.S. Senate approved a virus aid bill worth nearly $500 billion. It would provide more loans to small businesses and aid to hospitals.
mixed with what
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:
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.
Premarket: Oil crash hits world stocks, U.S. dollar gains as investors shun riskPremarket: Oil crash hits world stocks, U.S. dollar gains as investors shun risk GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »
Oil price goes negative as demand collapses; stocks dipOil futures plunged below zero for the first time on Monday as demand for energy collapses amid the coronavirus pandemic and traders sought to avoid owning crude with nowhere to store it. 👀 -$38 So they’ll pay me to take some? Well, congratulations, world wide movement of zero fossil fuels helmed by Gredo the Gremlin, your wishes have come to fruition.
Source: CTVNews - 🏆 1. / 99 Read more »
Oil prices keep crumbling, stocks around the world tumbleThe people are returning to greener ways and there was very pollution when they were using vehicles and taking petrol at high prices now they want to live in this air where not only they bit the birds are taking a breathe of oxygen... And yet at the pump no change the prices still at the old price. Gas in my area has risen 12 cents/liter in my area in the past 2 weeks. 64.9 cents. now 76.9 cents/liters. Keeps going up.
Source: CTVNews - 🏆 1. / 99 Read more »
Senior Living: Don’t panic, don’t sell on the stock marketToday Your Money talks about the impact that the COVID-19 pandemic has on our stock market and provides you with a “trader’s tip.” I know the markets are tumbling into double digi… With fuel prices at an all time low, why are business still tacking on fuel surcharges? Businesses started tacking on the additional fee in the '90s when fuel prices skyrocketed. Fuel prices have gone down but I just paid the post office an additional 1.50 to mail a parcel. Why?
Source: nationalpost - 🏆 10. / 80 Read more »