Τα εκτεταμένα μέτρα περιορισμού που ανακοινώνουν οι χώρες ανά τον κόσμο, κλείνοντας σύνορα και βάζοντας τους πολίτες σε καραντίνα, ρίχνουν βαριά σκιά στη Wall Street, που δεν κατάφερε να συμβαδίσει με το ανοδικό momentum των χρηματιστηρίων σε Ευρώπη και Ασία.
Απώλειες πάνω από 2% για τον Dow Jones, παρά το αρχικό ράλι 400 μονάδων, πτώση και για τον
The Dow Jones Industrial Average traded 450 points lower, or more than 2%, after rallying more than 400 points earlier in the day. The S&P 500 slid 2.3%. The Nasdaq Composite traded 1.3% lower after jumping more than 2%.
“The markets are trading more on emotion than the actual data,” said Sal Bruno, chief investment officer at IndexIQ. “That’s what’s causing the volatility.”
The pan-European Stoxx 600 provisionally closed around 1.4% higher, paring earlier gains. Travel and leisure stocks surged over 9% to lead gains after taking a hammering due to coronavirus shutdowns, while media stocks bucked the upward trend to fall more than 1%.
The Bank of England on Wednesday became the latest central bank to launch a substantial bond-buying program and issue further emergency cuts to interest rates, following similar moves by the European Central Bank, the U.S. Federal Reserve and the Bank of Japan, while governments across major economies have begun to open the fiscal taps.
Global stock markets have begun to edge off their multi-year lows in the past 24 hours, with the Dow rising by 100 points stateside and Asia-Pacific markets climbing during afternoon trade, led by 4.29% gains for South Korea’s Kospi.
