Stocks rebound further as markets await $2 trillion U.S. stimulus boost

Reuters | Mar 25, 2020 at 8:34 PM

The dollar slid and global equity markets marched higher on Wednesday for a second day of gains, on optimism $2 trillion in U.S. fiscal stimulus will dampen the economic shock the coronavirus pandemic has started to inflict.

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  • Stocks rebound further as markets await $2 trillion U.S. stimulus boost (Reuters: Mar 25, 2020 at 7:15 PM)

U.S. Senate bill to grant airlines bailout to weather coronavirus

Reuters | Mar 25, 2020 at 7:46 PM

The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover some 750,000 employees’ paychecks.

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  • U.S. Senate bill to grant airlines major lifeline to weather coronavirus (Reuters: Mar 25, 2020 at 6:28 PM)

FTSE 100 climbs 16% from lows on stimulus effect

Reuters | Mar 25, 2020 at 5:46 PM

London shares extended gains for a second session on Wednesday as an imminent U.S. stimulus package and moves by companies to deal with the financial effects of the coronavirus crisis offset the impact on markets of a surge in cases domestically.

Wall Street gains ahead of Senate vote on $2 trillion aid package

Reuters | Mar 25, 2020 at 5:35 PM

Wall Street rose in choppy trading on Wednesday, building on the previous session’s gains, as the U.S. Senate neared a vote to clear a $2 trillion package to support businesses and households affected by the coronavirus pandemic.