Expectations of more central bank stimulus lifted world stocks to their highest ...
LONDON - Expectations of more central bank stimulus lifted world stocks to their highest in more than a week on Wednesday, helping investors look past a mounting coronavirus death toll and policymakers’ concerns for the disease’s economic impact.
European shares also turned around following a lacklustre open, with a pan-European benchmark up 0.6%. Wall Street futures reversed earlier losses to rise almost half a percent. MSCI’s global index rose 0.3% and was 2.3% above Monday’s six-week lows. The report and the stimulus expectations offset at least partly the news that the virus’s death toll had killed 500 and sickened 25,000.
The Singapore dollar fell to a near-four-month low after monetary authorities said the currency had room to weaken to offset the effects of the virus. Markets responded by pricing in policy easing at the April meeting.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Asian stocks perk up, safe-havens pullback on hopes for China stimulusAsian stocks steadied on Wednesday on hopes of additional Chinese stimulus to le...
Leer más »
Wall Street jumps as China stimulus measures soothe virus worriesThe Nasdaq hit a record high on Tuesday and the S&P 500 posted its biggest one-d...
Leer más »
Oil prices climb as OPEC, allies weigh output cuts to cushion coronavirus impactOil prices rose on Wednesday, reversing out of a 1% slump in the previous sessio...
Leer más »
Stocks rise on Wall Street, but virus worries remainStocks rose in much of the world Monday, but markets are still far from giving the all-clear on the coronavirus.
Leer más »
Stocks firmer as China's markets recoup some virus lossesAsian stocks bounced on Tuesday with Chinese markets reversing some of their pre...
Leer más »
China tries to reassure on outbreak amid growing travel curbsBeijing is stepping up diplomatic efforts to reassure countries around the world...
Leer más »