Yahoo Finance LIVE – Mar 30
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
European stocks turn higher, putting market on track for third straight gain
European stocks reversed early losses to trade higher as Wall Street reacted positively to the passage by the Senate of the stimulus bill as well as a report on the spike in jobless claims.
Bank of England keeps rates at nearly zero and says could expand asset purchases if necessary
The Bank of England voted unanimously to keep interest rates at 0.1% and maintain its £200 billion program of buying UK government bond and sterling non-financial investment-grade corporate bond purchases. "Regarding the impact of asset purchases, gilt yields fell significantly following the previous week's special MPC meeting and the commencement of additional gilt purchase operations from 20 March. If needed, the MPC can expand asset purchases further," the central bank said.
Dow Futures Gain Despite Weekly Jobless Claims Surge and U.S. Coronavirus Deaths Rising
More than 3.2 million Americans filed for unemployment benefits over the week ending March 21, the Labor Department said,
Stocks – Europe Weakens; Policymakers in The Spotlight
European stock markets pushed lower Thursday, amid concerns about the extent of the economic damage caused by coronavirus pandemic as investors still wait for action from policy makers. The broader based Stoxx 600 Europe index dropped 1.0%. The lates...