Stock market news reside: Stocks, yields drop on new coronavirus fears; NY says 11 new cases discovered

finance news

Treasury yields plumbed new depths and stocks in Asia fell, monitoring losses in U.S. markets, because the financial impact of the novel coronavirus epidemic widened. OPEC pushed on Thursday for an even bigger-than-anticipated oil output cut to support costs which were hit by the coronavirus outbreak, effectively presenting its non-OPEC partners with an ultimatum to back the move or face a worth collapse. The in a single day dip got here as California declared a state of emergency over the coronavirus outbreak, following the announcement of the state’s first confirmed death as a result of the illness. As of Thursday, California had the largest number of circumstances in the U.S. at greater than 50, adopted by Washington state with about 44 confirmed circumstances and 10 deaths.

Shares of Starbucks slipped 0.1% after hours, following a 4.four% decline to close the common session at $seventy six.19. The newest information, videos, and … Read More

Stock market news reside: Stocks, yields drop on new coronavirus fears; NY says eleven new cases found

finance news

Dow Ends Down Over 950 Points, Nearly three.6%, as Wall Street Swings Wildly on Coronavirus Fears

An $eight.3 billion emergency funding package to fight the coronavirus outbreak passed overwhelmingly in each the House of Representatives and the Senate. Yahoo! Finance’s Jessica Smith joins The Final Round stay from Washington, D.C.

Treasury yields plumbed new depths and stocks in Asia fell, monitoring losses in U.S. markets, because the financial impact of the novel coronavirus epidemic widened. OPEC pushed on Thursday for a much bigger-than-anticipated oil output minimize to assist prices which were hit by the coronavirus outbreak, successfully presenting its non-OPEC companions with an ultimatum to back the transfer or face a worth collapse. The in a single day dip got here as California declared a state of emergency over the coronavirus outbreak, following the announcement of the state’s first confirmed demise as a result of the illness. As of Thursday, … Read More