Archive for March 10th, 2020

<p>Stocks rose in volatile trading Tuesday as investors fretted over the timing of potential fiscal stimulus to curb slower economic growth stemming from the coronavirus outbreak.</p><p></p>

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<p>Stocks rolled over Tuesday as traders fretted over the timing of potential fiscal stimulus to curb slower economic growth stemming from the coronavirus outbreak. </p>

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Main Street, not Wall Street, would be the most efficient target of any federal bailouts, many economists say.

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<p>Stocks rallied Tuesday as Wall Street clawed back some of the massive losses suffered in the previous session. Bets on government intervention to stem the economic downturn from the coronavirus lifted equities.</p><p></p>

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“It’s every country for themselves,” an expert told Vox.

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The oil collapse calls into question the ability of U.S. producers to pay a tab rung up with bondholders and banks to fuel a price war with OPEC.

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<p>Stocks rallied on Tuesday as Wall Street clawed back some of the massive losses suffered in the previous session. Bets of government intervention to stem the economic downturn from the coronavirus.</p>

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U.S. stock futures pointed toward a rebound at the open Tuesday following President Donald Trump's suggestion Monday night that a payroll tax cut and other stimulus measures may be in the works.

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“It’s every country for themselves,” an expert told Vox.

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<p>Stock futures rallied back early Tuesday morning after the S&amp;P 500′s worst day since the financial crisis.</p>

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<p>Stock futures rose early Tuesday morning after the S&amp;P 500′s worst day since the financial crisis.</p>

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President Donald Trump said Monday he will seek a payroll tax cut and “very substantial relief” for industries that have been hit by the virus, reversing course on the need for economic stimulus hours after markets posted their worst losses in more than a decade.

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It was a brutal Monday for stocks, prompted by growing fears of coronavirus and an unexpected price cut by major oil producer Saudi Arabia over the weekend. But according to data by one analytic firm, this may be the storm before the calm if history is any guide.

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