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Stocks jump after Federal Reserve makes emergency rate cut
NEW YORK (AP) — U.S. stocks jumped Tuesday after the Federal Reserve made an emergency rate cut to help shield the economy from the impact from the virus outbreak. The Dow Jones Industrial Average rose 172 points, or 0.6% as of 10:10 a.m. Eastern time. It had been down as much as 356 points shortly before the announcement. The Dow surged 5% Monday in anticipation of moves by the Fed and other central banks to support the global economy following the worst week for stocks since the financial crisis of 2008. The Fed cut short-term rates by half a percentage point, the biggest cut in more than a decade.
Global stocks retreat on lack of new Fed action
BEIJING (AP) — Global stocks and U.S. futures sank Thursday after the Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans.
US stocks open lower after G-7 holds off on new stimulus
NEW YORK (AP) — U.S. stocks stumbled in early trading Tuesday after the world’s largest economies pledged action to try and offset the impact from the coronavirus outbreak but gave no specific plan.
The Latest: Germany pledges $500 billion in guarantees
The Latest on financial markets:
Asian stocks mixed after Wall Street rises to record
TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, with the Shanghai benchmark jumping nearly 2% after China's central bank cut interest rates to help ease credit for companies stricken by the virus outbreak centered on the city of Wuhan.
World markets tumble as fears over virus outbreak spread
Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread.
European shares open higher after further slide in Asia
BANGKOK (AP) — Shares were mostly higher in Europe early Thursday, after the European Central Bank promised 750 billion euros ($817 billion) in asset purchases to support markets.
Asia stocks decline amid warnings China virus still a threat
BEIJING (AP) — Asian stock markets slid Monday after China reported an uptick in new cases of its virus outbreak and analysts warned optimism the disease is under control might be premature.
Asia shares bounce back as BOJ promises support for economy
BANGKOK (AP) — Share prices in Asia bounced back Monday from last week's retreat, with mainland Chinese indexes gaining more than 3% as data showed progress in restoring factory output after weeks of disruptions from the viral outbreak.
Asia shares bounce back as BOJ promises support for economy
BANGKOK (AP) — Share prices in Asia bounced back Monday from last week's retreat, with mainland Chinese indexes gaining more than 3% as data showed progress in restoring factory output after weeks of disruptions from the viral outbreak.
Market mood turns sour over virus after temporary relief
LONDON (AP) — Mounting concerns about the economic impact of the new coronavirus outbreak saw gains in European stock markets wiped out Monday despite hopes of stimulus measures from major central banks.
Market mood turns sour over virus after temporary relief
LONDON (AP) — Mounting concerns about the economic impact of the new coronavirus outbreak saw gains in European stock markets wiped out Monday despite hopes of stimulus measures from major central banks.
Asian economies cut rates, move to blunt impact of virus
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China's neighbors seek ways to soften the impact of measures to contain a virus outbreak that has killed more than 560 people.
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts.
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts.
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts.
Global stocks, US futures rise on virus aid hopes
BEIJING (AP) — Global stock markets and U.S. futures rose Friday on hopes that government and central bank action can help the world economy endure a looming recession caused by the coronavirus.
Stocks open mixed on Wall Street at end of a brutal week
U.S. stock indexes were mixed in early trading Friday, shedding some of their gains from a day earlier as Wall Street rounded out another turbulent week.
World shares, Wall St futures advance ahead of US jobs data
Shares surged Friday in early European trading and Wall Street futures were higher after a broad advance in Asia as investors await U.S. jobs data for May.
Asian markets tumble as fears over virus outbreak spread
Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.