Volatility to continue as markets fret about virus impact

Wed, 11 Mar 2020

Volatility is expected to continue after New York announced it was creating a “containment zone” and the US federal government pledged "substantial” economic measures to help combat the fall-out from the covid-19 outbreak.Wall Street turned positive on the potential economic support from the government responses but pared gains on the lack of detail. According to Bloomberg, US President Donald Trump's proposal would likely include a payroll tax cut and a short-term expansion of paid sick leave. Trump is expected to provide more details sh...

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