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Global markets recover from coronavirus turmoil

Mar 26, 2020 - City A.M.

US STOCKS had a mixed day yesterday following the biggest rally in a decade as investors mulled a $2 trillion (£1.7 trillion) stimulus package agreed by US Congress.

Wall Street's Dow Jones closed 2.4 per cent higher, while the S&P 500 was up 1.15 per cent. The Nasdaq was down 0.45 per cent, however.

The FTSE 100 was up 4.45 per cent, the German Dax was up 1.9 per cent and France's CAC increased 4.47 per cent, despite trading volatility earlier in the day.

The market swings ca...