MARKET OPEN: Weak IMF outlook likely to temper investor optimism

Wed, 15 Apr 2020

Another positive session on Wall Street may help investor sentiment, although gains may be tempered as the International Monetary Fund slashes global growth forecasts. Wall Street gained as the US moves toward a partial reopening of its economy. White House adviser Larry Kudlow said President Donald Trump would make a number of announcements about re-opening the US economy in the next day or two as the health crisis appeared to be ebbing, Reuters reported. Some state governors, however, say the decision lies with them. The Dow Jones I...

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