Global stock markets fell broadly on Wednesday as investors digested a steady drip of worrying news about the economic ramifications of the global coronavirus outbreak.
London and Paris stocks opened nearly 4 percent lower, following similar drops in Asia. Futures markets predicted that
March was a month of head-snapping turns in financial markets: The S&P 500 suffered its worst one-day drop since 1987 before later recording its best three-day run since 1933, oil prices crashed, interest rates plunged and Wall Street’s more esoteric markets seized
Stock markets in Asia sounded a cautionary note on Tuesday after a big rise on Wall Street, reflecting investor jitters over the state of the world economy.
Major markets in the region were up less than 1 percent at midday, though Hong
Markets around the world opened broadly lower on Monday, as investors remained nervous about global economic prospects despite stabilization efforts from governments.
London and Paris opened more than 2 percent lower, after a retreat earlier in the day in Asian markets. Futures
Stock markets in Asia rose cautiously on Friday, after investors in the United States sent stocks more than 6 percent higher on optimism over the impact of a big spending package from Washington.
Most of the region’s markets were up by
Nearly 3.3 million people filed for unemployment benefits last week, sending a collective shudder throughout the economy that is unlike anything Americans have experienced.
The numbers, released by the Labor Department on Thursday, are some of the
