Archive for March 24th, 2020

<p>Stocks rebounded aggressively from a three-year low Tuesday as traders hoped U.S. lawmakers were close to an agreement on a stimulus bill to rescue the economy from the damage caused by the coronavirus.</p>

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<p>Stocks jumped Tuesday as traders hoped U.S. lawmakers were close to an agreement on a stimulus bill to rescue the economy from the coronavirus.</p>

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<p>Stocks jumped on Tuesday as investors hoped U.S. lawmakers were close to an agreement on a stimulus bill to rescue the economy from the coronavirus.</p>

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The auto industry, and Detroit in particular, has been diligently preparing for a downturn for years. What it got instead was something altogether less manageable: a shutdown.

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In just days, tens of millions of people across the United States will have to make fresh payments on their mortgages. Their lenders have come up with a plan to help borrowers who can’t pay because of the economic fallout from the coronavirus — and they want the federal government to backstop it. Such help would cost tens of billions of dollars, and groups representing the mortgage industry warned that their efforts to help homeowners could…

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<p>Futures contracts tied to the major U.S. stock indexes posted a solid rise in early Tuesday morning trade.</p>

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Disease outbreaks have led to longer market declines and rebounds that are less sharp as compared with crises that are brought on by natural disasters, according to Credit Suisse.

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<p>Dow futures rise more than 700 points as Senate haggles over virus bill</p><p></p>

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The dollar has suffered a swift reversal of fortunes as the Federal Reserve’s unprecedented stimulus prompts traders to dump the greenback.

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European markets are set to rebound at the open Tuesday as investors react positively to the U.S. Federal Reserve's announced open-ended asset purchase program.

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