Asian shares mixed on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions
Pedestrians walk in front of a quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on March 26, 2020.
The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are positive. The S&P 500 dropped a final 1.6 percent, bringing its loss for the first three months of the year to 20 percent as predictions for the looming recession caused by the coronavirus outbreak got even direr. Stocks haven’t had this bad a quarter since the last time economists were talking about the worst downturn since the Great Depression, when the S&P 500 lost 22.6 percent at the end of 2008.
The Dow Jones Industrial Average of 30 US blue-chip stocks dropped 23.2 percent for its worst quarter since 1987. Congress, meanwhile, approved a $2.2 trillion rescue plan for the economy, and leaders are already discussing the possibility of another round of aid.“We’re kind of on this little milestone journey with markets,” said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. “First, we get the economic plan in place, then we have to start to see some of the containment actions pay off. At some point it’s going to be how do we get back to work.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Wall Street Executive Succumbs To Coronavirus ComplicationsInvestment banking company, Jefferies, announced on Sunday the passing of Peregrine Broadbent, the investment bank’s long-serving chief financial officer, from complications linked to the coronavirus
続きを読む »
Breakingviews - Beijing hands Wall Street rusty keys to kingdom(Reuters Breakingviews) - American investment banks have finally got what they wanted. After tortuous journeys, Goldman Sachs and Morgan Stanley join JPMorgan with approvals to take majority control of Chinese ventures. It’s an incremental concession at a precarious time, and local rivals have gotten stronger. It’s good news nevertheless.
続きを読む »
Beijing hands Wall Street rusty keys to kingdomAfter tortuous journeys, Goldman Sachs and Morgan Stanley finally joined JPMorgan with approvals to take majority stakes in their Chinese JVs. It’s a token concession at a precarious time after locals have spent a decade getting stronger. Patience, however, could yet pay off.
続きを読む »
Wall Street Volatility, Coronavirus Numbers Continue to Rise in the U.S., Cigna CEO on Waiving Treatment Costs by Squawk on the Street
続きを読む »