Financial markets

Treasury Secretary Steve Mnuchin, second from left, speaks with members of the media as he departs a meeting with Senate Republicans on an economic lifeline for Americans affected by the coronavirus outbreak. on Capitol Hill in Washington, Monday, March 16, 2020. Standing with Mnuchin is White House chief economic adviser Larry Kudlow, right. (AP Photo/Patrick Semansky)
SKY News
March 16, 2020 - 10:01 pm
WASHINGTON (AP) — With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the coronavirus outbreak. Democrats said at least $750 billion would be needed. And top White House officials...
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Former Vice President Joe Biden, left, and Sen. Bernie Sanders, I-Vt., right, participate in a Democratic presidential primary debate at CNN Studios in Washington, Sunday, March 15, 2020. (AP Photo/Evan Vucci)
SKY News
March 16, 2020 - 5:43 am
WASHINGTON (AP) — Former Vice President Joe Biden and Sen. Bernie Sanders sought in the Democratic debate to cast themselves as best-positioned to lead the nation through a global pandemic, uniting in their criticism of President Donald Trump's response to the fast-moving coronavirus but diverging...
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A couple kiss, at the Barcelona airport, Spain, Thursday, March 12, 2020. President Donald Trump, who had downplayed the coronavirus for weeks, suddenly struck a different tone, announcing strict rules on restricting travel from much of Europe to begin this weekend. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Emilio Morenatti)
SKY News
March 12, 2020 - 8:35 pm
NEW YORK (AP) — Schools shut down across much of Europe. Gatherings were canceled or banned from California to Germany. And the coronavirus reached directly into the world’s centers of power Thursday, with politicians in Canada, Brazil, Spain and elsewhere either testing positive for the new virus...
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A woman drinks a wine while worker cleans the bar on an empty restaurant, in Pamplona, northern Spain, Thursday, March 12, 2020. For most people, the new COVID-19 coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Alvaro Barrientos)
SKY News
March 12, 2020 - 2:11 pm
WASHINGTON (AP) — Seven weeks after the first case of COVID-19 was confirmed in the U.S., the outbreak is now classified as a pandemic and it's doing widespread damage to critical economic sectors of the global economy. Airlines are dropping routes because people are not flying, workers are staying...
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Trader Michael Gallucci works at his post on the floor of the New York Stock Exchange, Wednesday, March 11, 2020. Stocks are closing sharply lower on Wall Street, erasing more than 1,400 points from the Dow industrials, as investors wait for a more aggressive response from the U.S. government to economic fallout from the coronavirus. (AP Photo/Richard Drew)
SKY News
March 12, 2020 - 5:57 am
TOKYO (AP) — Global shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. France's CAC 40 slipped 6.6% to 4,307.17, while Germany's DAX lost 6.8% to 9,732.75. Britain's FTSE 100 plunged 5.7% to 5,542.17. The future contract for...
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Sal Suarino, center, works with fellow traders on the floor of the New York Stock Exchange, Tuesday, March 10, 2020. Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade. (AP Photo/Richard Drew)
SKY News
March 10, 2020 - 3:54 pm
NEW YORK (AP) — Stocks are moving sharply higher on Wall Street Tuesday after whipping up and down all day along with hopes that the U.S. and other governments will cushion the global economy from the pain of the coronavirus. The Dow Jones Industrial Average is up 1,000 points, or 4.4%, shortly...
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A woman wearing a protective face mask walks by the investment icon bull statue on display outside a bank in Beijing, Tuesday, March 10, 2020. Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak. (AP Photo/Andy Wong)
SKY News
March 10, 2020 - 2:42 am
BEIJING (AP) — Asian stock markets rebounded Tuesday from record-setting declines after U.S. futures rose following President Donald Trump's announcement he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak. Oil prices also recovered some of...
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Empty chairs and tables are lined up outside a restaurant in St. Mark's Square in Venice, Italy, Monday, March 9, 2020. Italy took a page from China’s playbook Sunday, attempting to lock down 16 million people — more than a quarter of its population — for nearly a month to halt the relentless march of the new coronavirus across Europe. Italian Premier Giuseppe Conte signed a quarantine decree early Sunday for the country’s prosperous north. Areas under lockdown include Milan, Italy’s financial hub and the main city in Lombardy, and Venice, the main city in the neighboring Veneto region. (Anteo Marinoni/LaPresse via AP)
SKY News
March 09, 2020 - 9:42 pm
NEW YORK (AP) — U.S. companies buffeted by supply chain chaos and a growing awareness of the scope of a viral outbreak are facing new threats to begin the week. The price of U.S. crude fell as much as 34% to $27.34 a barrel, the lowest price since early 2016, as an oil war between Saudi Arabia and...
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An Indian wears a mask and walks on a street in Hyderabad, India, Thursday, March 5, 2020. A new virus first detected in China has infected more than 90,000 people globally and caused over 3,100 deaths. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it. (AP Photo/Mahesh Kumar A.)
March 05, 2020 - 6:10 pm
The economic affects of the coronavirus have preceded the spread of the virus itself, with financial markets swinging wildly, companies closing offices or asking employees work from home in affected areas, and throttling air travel across the globe. Following is a brief look at how things are...
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A currency trader wearing a face mask watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, March 5, 2020. Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its effects on the economy.(AP Photo/Ahn Young-joon)
SKY News
March 04, 2020 - 11:39 pm
TOKYO (AP) — Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its economic impact. Japan's benchmark Nikkei 225 rose 0.8% to 21,262.49. Australia's S&P/ASX 200 added 1% to 6,...
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