Stock Market Today: Dow, S&P Live Updates for Mar. 12, 2020 - Bloomberg:
Asian stocks and U.S. equity futures extended declines, the yen climbed and bond yields slid after President Donald Trump suspended all travel from Europe and stopped short of offering a detailed U.S. economic rescue package.
S&P 500 futures slumped over 2% after the index tanked almost 5% Wednesday. Trump announced a number of stimulus measures, including urging Congress to approve an undefined payroll tax relief measure, saying he is confident the U.S. will reduce the threat to people. Shares in Japan sank and Australian equities extended recent losses, getting little respite from that nation’s stimulus package.
Asian stocks and U.S. equity futures extended declines, the yen climbed and bond yields slid after President Donald Trump suspended all travel from Europe and stopped short of offering a detailed U.S. economic rescue package.
S&P 500 futures slumped over 2% after the index tanked almost 5% Wednesday. Trump announced a number of stimulus measures, including urging Congress to approve an undefined payroll tax relief measure, saying he is confident the U.S. will reduce the threat to people. Shares in Japan sank and Australian equities extended recent losses, getting little respite from that nation’s stimulus package.
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