|Day's Range||16,413.72 - 16,878.30|
|52 Week Range||16,413.72 - 22,166.80|
European stock markets initially posted strong gains on Wednesday before ceding ground after Senate members and lawmakers from the White House administration reached agreement over a $2 trillion stimulus package to shore up the economy against coronavirus.
In another volatile session, European stocks closed higher Thursday after the European Central Bank and then the Bank of England surprised markets by unveiling major asset-purchase programs to combat the financial difficulties caused by the coronavirus outbreak.
Global stocks were hammered again on Monday, as the coronavirus crisis deepened with large parts of Europe on lockdown and U.S. states imposing their own measures.
Equities markets plummet despite a round of economic emergency stimulus aimed at fighting the coronavirus impact.
European stocks rose Friday, rebounding from an historic losing day Thursday, as more government support appeared for hard-hit economies in the region, while several exchanges banned short selling of hard-hit Spanish and Italian equities.
Germany said it had prepared a fiscal stimulus package, while U.S. Treasury Secretary Steven Mnuchin promised the same from the U.S. Now he needs to deliver.
The London Stock Exchange on Friday announced a ban on short selling -- or a bet of shares falling -- of Italian and Spanish stocks listed on that exchange, while Borsa Italiana and Spain's CNMV enacted a similar ban on stocks in those countries. It comes after a brutal selloff for global equities, and the worst day since the Black Monday fall of 1987 for the Stoxx Europe 600 index. The FTSE MIB Italy index slid 15% on Thursday, while the Spain IBEX 35 index dropped 14%. Those indexes were up nearly 5% and 3.7%, respectively on Friday.
Many of Europe’s stock-market gauges -- the Stoxx Europe 600, the German Dax and the French CAC 40 -- suffered record one-day losses.
Equity futures fell hard in overnight trading and triggered a market-circuit breaker for the second time this week. Viral fall out is spreading and investors are worried.
Equity markets crash again. Uncertainty about U.S. fiscal stimulus in the face of a growing viral threat have markets on edge.
Italy aired plans Tuesday to allow families to suspend mortgage and some tax payments to help them deal with a coronavirus outbreak that has killed 463 people and forced the government to restrict movement for its 60 million citizens.
As the human costs of the coronavirus have grown alarmingly, Italy’s crisis could soon become unmanageable, potentially causing mayhem in world financial markets.
The coronavirus has now spread to every European Union country after Cyprus reported its first case on Monday.
Stock futures are lower in Tuesday trading after another wild night of electronic trading. The G7 offers no immediate help for markets worried about the coronavirus.
The coronavirus-induced stock market slump looked set to continue on Monday despite a brief bounce, as investors’ fears about the disease ramped up.
China’s private sector PMI numbers from the weekend and news updates on the coronavirus are not what the markets were hoping for…
European stocks drifted lower in volatile trading on Tuesday as markets failed to set a floor after the pounding they took over the spread of the coronavirus in Italy and South Korea
U.S. stocks finish Monday at worst one-day percent declines in about two years, as the spread of coronavirus raised doubts over future global economic growth.
Investors turned to European telecommunications companies, utilities and health-care stocks on Monday as they looked for shelter from the spreading coronavirus, which has rocked almost all other sectors.
European stock markets fell sharply open on Monday, with investors gripped by concerns over the spread of the coronavirus, with cases shooting up in South Korea, Iran and Italy over the weekend.
U.S. investors must prepare for a rough start to the week as more coronavirus cases, and some deaths, are being reported in Europe.
U.S. stocks are set to tumble on Monday as the coronavirus spread outside China over the weekend sparks a global equity sell-off.
Italian soccer club Juventus was the worst performing FTSE MIB component after 3 Serie A matches were cancelled due to the spreading coronavirus. Fund manager Azimut Holding and luxury products firm Salvatore Ferragamo also nursed heavy losses of about 7% each. The FTSE MIB fell over 4%.