Dow surges 5% on hopes for central bank help on the economy

Dow surges 5% on hopes for central bank help on the economy

World stock markets regained a measure of calm on Monday as hopes for a raft of global interest rate cuts to soften the economic blow of the coronavirus steadied nerves and drove U.S. Treasury yields close to 1%. The Dow jumped 1,293, or 5% points, to 26,703. It was the biggest-ever point gain for the Dow and the biggest percentage gain since March 2009.

Clara
Clara
Fin
Fin 3 weeks

Misleading since Tues dow fell again

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