Wall St. holds gain as Senate reaches stimulus deal
26 Mars, 2020, 05:54 | Auteur: Auguste Feret
In metals markets, gold changed hands at US$1,608.78 an ounce, retaining most of Tuesday's gains of nearly 5 per cent, its biggest jump since 2008.
The Dow Jones Industrial Average soared more than 11% on Tuesday in its biggest single-day percentage gain since 1933 and the benchmark S&P 500 jumped 9.4% - its tenth best day on record out of 24,067 trading sessions since a daily data series started in 1927.
USA stocks ended mixed on Wednesday in anticipation of the approval of a massive coronavirus stimulus package.
Still, there were broad gains on Wall Street as the S&P energy index rose almost 10%, the most among the 11 major sectors, tracking a surge in oil prices.
Hopes are now running high of the U.S. Senate passing a $2 trillion stimulus bill, aimed at providing financial aid to Americans out of work and help distressed industries.
"They're hitting on all the right elements of what the US economy needs during the shutdown to bridge itself to the other side to open up economic activity", said Darrell Cronk, chief investment officer of Wells Fargo Wealth and Investment Management.
But even optimists say the package provides just the second leg of three that markets need to regain lasting confidence. Positive comments from New York Gov. Andrew Cuomo and a former Federal Reserve chief also lifted equities.
"It's too early to call a bottom because there's way too much uncertainty", said Tony Rodriguez, head of fixed income strategy at Nuveen. "It's wonderful to see a big uptick and the market needed it".
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Meanwhile, more than half of all Americans have been told to stay at home, including residents of the largest state, California. The impact of the pandemic is also hitting European football in a big way, with top-flight leagues and tournaments cancelled.
The number of COVID-19 cases in the United States topped 60,000 as of Wednesday noon, according to the Center for Systems Science and Engineering at Johns Hopkins University. Overall, more than 112,000 have recovered.
"People have to contend with the idea that the longer that lasts, the more people potentially are losing their job", said Yousef Abbasi, director of US institutional equities at INTL FCStone.
The dollar and global equity markets marched higher on Wednesday and were poised for a second day of gains following a coronavirus-induced selloff, though investors remained concerned about the pandemic's economic impact. The S&P 500 and the Nasdaq Composite were up around six percent.
The S&P 500 also gained 1.2 per cent to close at 2,475.56, but the Nasdaq slipped late in the day, losing 0.5 per cent to finish at 7,384.30.
Royal Caribbean Cruises and Norwegian Cruise Line Holdings each rallied about 23%. Germany's DAX was down 0.8%, and the French CAC 40 was up the same amount.
Treasury yields were mixed.
Boeing, once a symbol of USA manufacturing strength, jumped 17% after Chief Executive Officer Dave Calhoun said the company still expected a "mid-year" return to service of the 737 MAX aircraft.
L'étude implique le recrutement d'approximativement 6000 participants qui seront suivis durant une période de 30 jours. Les chercheurs émettent donc l'hypothèse que le traitement pourrait réduire ces graves complications.
Mr Levinson disappeared in Iran's Kish Island in 2007 while on an unauthorised Central Intelligence Agency mission. They kidnapped a foreign citizen and denied him any basic human rights, and his blood is on their hands".
Bayern Munich striker Robert Lewandowski also donated € 1 million last week to help tackle the epidemic in Germany. Messi - a six-time Ballon d'Or victor - has made a contribution of his own to the Hospital Clinic of Barcelona .
Senator Hawley's resolution calls on China to pay back all nations impacted because China lied about the spread of the virus. As China attempts to shift blame for the coronavirus pandemic to the United States, Sen.
I'll send it to you and reply to you in due course, because I'll probably be spending a lot of time texting. If you happen to've ever needed to textual content Rita Wilson , for any objective , now's the time.
He faced 51 charges of murder, 40 charges of attempted murder and one charge under the Terrorism Suppression Act. His change in plea came as a surprise and relief to survivors and relatives of the victims.
Although Sanders won the Democrats Abroad primary this week , Biden has 1,174 pledged delegates to the senator's 862. "My focus is just dealing with this crisis right now, I haven't thought about any more debates", Biden said.
The first major benefit concert to provide relief and support for Americans impacted by COVID-19 is happening. The artists will use their personal cell phones, cameras and audio equipment during the broadcast.
It will shed light on who older adults or those with comorbidities are at a higher risk of severe COVID-19. The first two therapies to be tested will be HIV drugs: lopinavir-ritonavir and low-dose corticosteroids.
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The fourth season finale of " This Is Us " delivered the show's best performance since the September 2019 season premiere. That represents a 21% rankings bump from the penultimate episode, and exclusively a 4% drop from the season three finale.
L'Iran rejette l'aide américaine — Coronavirus
Il n'y avait "pas d'autre solution", et les responsables du Comité "ont fait les choix qu'ils jugeaient bons", a ajouté M. Pour la première fois dans l'histoire du pays, tout rassemblement religieux est annulé.
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The England global has since enjoyed a frosty relationship with the Reds' supporters, with many still holding a grudge against him for the controversial nature in which he left the club that had given him his professional debut.
PSG - Les revenus totalement fous de Neymar dévoilés !
De quoi se rappeler que les joueurs de football ont des salaires astronomiques, au cas où cela aurait été oublié. Mais il y a déjà de premiers éléments qui sont indiqués sur ces classements des revenus dans le football.