Accessibility links

Breaking News

Global Markets Surge


The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February March 24, 2020. REUTERS/Staff

Global markets surged Wednesday after U.S. leaders announced a massive financial response to the coronavirus outbreak.

Global markets surged Wednesday after U.S. leaders announced a massive financial response to the coronavirus outbreak.

Japan's Nikkei index closed up 8%, while Hong Kong's Hang Seng finished up 4% and the Shanghai Index gained 2%.

European markets followed with strong openings, and U.S. futures pointed to gains when those markets open later in the day.

Uncertainty about the virus and its economic toll have rattled markets for months, slashing stock prices while governments and central banks rushed to enact rescue measures.

XS
SM
MD
LG