Dow futures gain 1,000 points after news of President Trump's plan to propose a payroll tax cut
New York/Hong Kong Markets in Asia and Europe staged a recovery Tuesday, and Dow futures gained as much as 1,000 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.
The mood among investors was helped by news of President Donald Trump's plan to propose"significant relief" in the form of a payroll tax cut and help for hourly workers most affected by the coronavirus, or Covid-19, and expectations of more stimulus measures as the risks of a global recession rise.
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