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Stock impact report

Global stocks rebound grinds past 10% after $2 trillion U.S. stimulus boost [Reuters]

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Company Research Source: Reuters
Global stocks rebound grinds past 10% after $2 trillion U.S. stimulus boost LONDON (Reuters) - A breakneck rebound in world stocks made it past the 10% mark on Wednesday before more global coronavirus warnings and fresh turbulence in commodity markets saw things grind to a halt. Hopes that an incoming $2 trillion U.S. fiscal stimulus will ease the economic devastation caused by virus lockdowns gave world equity indexes their first back-to-back gains in a month, though wasn’t plain sailing. Europe’s main markets in London, Frankfurt and Paris were struggling to stay positive after tearing 4%-5% higher and oil prices swung from 3% up to 3% down, while Wall Street looked set to open lower after Tuesday’s stellar surge. The Dow Jones Industrial Average had soared over 11% in its biggest one-day percentage gain since 1933 and the S&P 500 scored a 9.4% jump - its tenth best day on record out of 24,067 trading sessions since daily data started in 1927. “The right steps have been taken but th Show less Read more
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