Financial markets have been on a roller coaster as investors react to the spread of the coronavirus and efforts to protect the economy.
Author: NYT > World News
California Governor Orders All Residents to Stay Home
The Trump administration asked states to hold off on releasing grim data on unemployment claims, and Italy’s death toll surpassed China’s.
Stocks Inch Higher as Wall Street’s Turmoil Continues
Stocks remained volatile even as governments took steps to offset the sharp decline gripping their economies.
Fed Announces More Loans as Investor Alarm Persists: Live Updates
Hopes for an enormous stimulus package from Washington could not overcome worries about the world economy.
Coronavirus Live Updates: Trump Signs Relief Package; China Reports Zero New Local Infections
Two congressmen tested positive for the virus, as work continued on a larger stimulus package. The European Union found that Russia was behind harmful misinformation circulating in the West.
Live Coronavirus Updates and Coverage
The stock market partially rebounded as the federal government considered a broader $850 billion stimulus proposal, including the idea of sending direct payments to Americans.
Stocks Rebound From Monday’s Collapse
Investors are still looking to Washington for a large scale effort to help businesses and workers affected by the virus outbreak.
Coronavirus Live Updates: White House Seeks $850 Billion Stimulus and Urges Sending Checks to Americans Within 2 Weeks
Millions of people were locked down in California as restrictions on movement were expanded. Germany moved to repatriate its citizens as many countries sealed their borders, while infections and deaths rose across Europe.
Grim Economic Outlook Grips Markets as Stocks Plummet
Stocks dropped even as central banks tried to prop up economies, indicating the tactics that helped in past financial crises might not work against a global pandemic.
Live Coronavirus Updates and Coverage Globally
President Trump recommended strict new guidelines, but they fell short of what experts wanted. France and the San Francisco Bay Area are ordering residents to stay home as much as possible.