Wall Street jumps in hopes of a $ 2 trillion boost

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, the United States, on March 20, 2020. REUTERS / Lucas Jackson (Reuters) – Wall Street jumped out on Tuesday as signals that Washington was approaching an agreement on a $ 2 trillion economic bailout package gave optimism to markets clashing […]

Emirates reverses the decision to suspend all passenger flights

DUBAI, UNITED ARAB EMIRATES – The long-haul airline Emirates said Sunday it had drastically reduced the destinations of its passenger flights from 145 locations to just 13 countries. It’s a key move that reflects the dramatic slowdown in traffic through the airline’s hub in Dubai, the world’s busiest international airport, due to outages caused by […]

North American equity markets are regaining ground hoping for economic stimulus

TORONTO – Canada’s leading equity index rebounded nearly 10% on Friday as hopes for government stimulus to alleviate the economic impact of the coronavirus epidemic and a slump in oil prices increased. But despite regaining some of the ground it gave in on its biggest one-day fall on Thursday, the market continued to close more […]

North American stock markets are regaining lost ground, wasting time

TORONTO – Canada’s leading equity index recorded a three-digit advance in late morning trades to regain some of the ground that it gave up on Thursday in its biggest one-day drop in record. The S & P / TSX composite index rose 353.11 points to 12.861,56, a day after giving up more than 1,700 points. […]

TSX crosses the bear market territory after COVID-19 has declared a pandemic

TORONTO – Canada’s leading equity index crossed the market downward on Wednesday following the World Health Organization which stated that the COVID-19 epidemic was a pandemic. The S & P / TSX composite index closed 688 points or 4.6 percent down to 14,270.09. A bear market is commonly referred to as a 20% loss from […]