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“Global stocks and oil mount a recovery while Dow gains 800 points”

“Markets in Asia and Europe staged a recovery Tuesday, and the Dow soared 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic

The Dow (INDU) soared 3.3%. The S&P 500 (SPX) rose 2.9% and the Nasdaq (COMP) was up 2.7%.JPMorgan equity strategists said that Monday’s slump was exaggerated given that the Federal Reserve is expected to cut interest rates to zero and the Trump administration has said it will unveil a stimulus plan…”

https://www.cnn.com/2020/03/09/investing/dow-futures-coronavirus-oil/index.html

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