US economy plunges, markets gain
‘Positive data’ on Covid-19 drug trial boost equities.
NBR staff
Thu, 30 Apr 2020
The disconnect between dire economic data and investor sentiment was on display again overnight as equity markets piled on gains in London and New York.
London’s FTSE100 closed up 2.6% at 6115 while the S&P500 was trading up 3.2% at 2953 by mid-afternoon New York time.
The rises coincided
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NBR staff
Thu, 30 Apr 2020
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