Why the Dow is rallying more than 400 points in middle of a global health crisis

Indonesia Berita Berita

Why the Dow is rallying more than 400 points in middle of a global health crisis
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

The rebound in US stocks continues on Tuesday with the Dow jumping more than 400 points. US markets have been resilient this week in the face of the global coronavirus outbreak.

It's an abrupt turnaround for markets. Stocks had sold off sharply last week amid worries about the economic impact of the virus. But stocks began to retrace their sharp losses on Monday.The Dow was up 450 points or 1.6% in late morning trading. The S&P 500 rose 1.5%, while the Nasdaq Composite was up 1.7%. And the rally isn't just confined to US markets: global equities are all in the green, and even Chinese markets, which recorded their worst day in years Monday, bounced back.

China is the world's second-largest economy and is considered the engine for the global economic growth. With a central bank willing to lend a hand, the repercussions from the outbreak could be much more manageable.ContainmentThe coronavirus has now infected more than 20,000 people and claimed more than 400 lives, but the rate of new infections appears to have slowed down.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNN /  🏆 4. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

What to watch today: Dow to soar, delayed caucus results and Trump's State of the UnionWhat to watch today: Dow to soar, delayed caucus results and Trump's State of the UnionDespite ongoing concerns about the spread of the coronavirus, U.S. stock futures point sharply higher this morning as stocks continue to chip away at last Friday's losses.
Baca lebih lajut »

Dow futures signal bounceback after Friday selloff, China market routDow futures signal bounceback after Friday selloff, China market routU.S. stocks are indicated modestly higher to start the week, following a brutal selloff on Friday, as equity indexes in China suffered the worst daily declines in years in the first trading session for Chinese markets to react to the spread of coronavirus
Baca lebih lajut »

Why Bryan Cranston Nearly Turned Down The Role Of Hal In ‘Malcolm In The Middle’Why Bryan Cranston Nearly Turned Down The Role Of Hal In ‘Malcolm In The Middle’Though Bryan Cranston came to love the role of Hal in Malcolm in the Middle, his first impression of the character was less than positive.
Baca lebih lajut »

US futures point to Wall Street rally as virus fears abateUS futures point to Wall Street rally as virus fears abateU.S. stock index futures were sharply higher on Tuesday morning as fears ease over an economic fallout from the coronavirus outbreak.
Baca lebih lajut »

Who Thought Sucking on a Battery Was a Good Idea?Who Thought Sucking on a Battery Was a Good Idea?Millions of Americans, some teens who would never have picked up a cigarette, are now vaping. Last year’s panic might be the least of our worries.
Baca lebih lajut »



Render Time: 2025-04-03 13:04:03