Global stocks climb on China's planned tariffs cuts, strong US jobs data, and hopes for a Wuhan coronavirus vaccine
also buoyed stocks. The flu-like illness has infected more than 28,000 people, killed at least 563, and spread to more than a dozen countries including the US, UK, and India, stoking fears of a pandemic that could slow worldwide growth."The economic threat of the coronavirus has probably been overblown," Jasper Lawler, head of research at London Capital Group, said in a morning note.
"Soothing words and actions from global central banks and the World Health Organization saying there is no pandemic has juiced up markets enough to put coronavirus fears aside," he added.DAX
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