Markets in Asia Pacific have started to recover, and US stock futures jumped more than 800 points, a day after novel coronavirus fears and an oil price war sparked a worldwide panic.
New York/Hong Kong Markets in Asia and Europe staged a modest recovery Tuesday, and US stock futures gained more than 500 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.
The mood among investors was helped by news of President Donald Trump's plan to propose"significant relief" in the form of a payroll tax cut and help for hourly workers most affected by the coronavirus, and expectations of more stimulus measures elsewhere.European shares opened higher after Monday's plunge. In the opening minutes of trade, the FTSE 100 , the French CAC 40 and Germany's DAX were all trading around 1% higher.
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