Friday, 17 Apr 2020 07:11 AM MYT
S&P 500 e-minis were last up 3.2 per cent while the SPDR S&P 500 exchange-traded fund surged 3 per cent. Also boosting sentiment after hours was President Donald Trump's guidelines that revealed a three-phase plan that could allow some states to begin as early as this month lifting limits meant to contain the disease's spread.
Earlier, the shutdown in New York was extended until May 15, even as coronavirus-related hospitalizations and deaths fell to their lowest in more than a week, adding to evidence the hardest-hit state was controlling the virus' spread. The Dow Jones Industrial Average rose 33.33 points, or 0.14 per cent, to 23,537.68, the S&P 500 gained 16.19 points, or 0.58 per cent, to 2,799.55 and the Nasdaq Composite added 139.19 points, or 1.66 per cent, to 8,532.36.
Shares of Boeing Co fell 8 per cent, limiting gains in the Dow, as its European rival Airbus said it was examining requests to defer deliveries after a collapse in travel demand.
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Trump says US investigating whether virus came from Wuhan lab | Malay MailWASHINGTON, April 16 ― US President Donald Trump said yesterday his government is trying to determine whether the coronavirus emanated from a lab in Wuhan, China, and Secretary of State Mike Pompeo said Beijing “needs to come clean” on what they know. The source of the virus remains a... So it's 5G tower or the Lab? No wonder the Nigeria scammer love Americans, they are too easy. Hard to understand how is this going to help US getting out of its current predicament. Trump is just diverting attention away from his own failures. He is furious because he's been blamed for not acting on the Lockdown sooner, and he wants to throw the blame on others. WHO, China... So far. Next may be Iran, Turkey, Mexico... 😂😂😂
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Trump to announce ‘guidelines’ on reopening US economy | Malay MailWASHINGTON, April 15 — US President Donald Trump said yesterday that data suggested the country had passed the peak on new coronavirus infections, and said he would announce “new guidelines” for reopening the economy at a news conference today. “The battle continues but the data suggests... To solve Unemployment problems
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Trump threatens to adjourn US Congress | Malay MailWASHINGTON, April 16 ― US President Donald Trump threatened yesterday to either force the US Congress to formally adjourn, or return to the Capitol despite the coronavirus pandemic, saying he was frustrated lawmakers were not in Washington to confirm his nominees for federal judgeships and other...
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A ministry of truth stalks us all | Malay MailAPRIL 16 — They say a lie once it has a head start, it’s impossible to catch up to. Let’s earnestly hope it’s no more than three hours, because that’s how much time the Ministry of Communications and Multimedia’s (MCM) Quick Response Team needs to nullify falsehoods. Thirty minutes to a...
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US stalling massive IMF liquidity boost over Iran, China, say sources | Malay MailWASHINGTON, April 15 — US opposition to opening new avenues of funding for Iran and China is preventing the International Monetary Fund from deploying a powerful tool to help countries fight the economic impact of the coronavirus, according to two sources familiar with the matter. A massive IMF...
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US senator says Apple, Google need to show contact tracing will not violate privacy | Malay MailWASHINGTON, April 16 ― Smartphone software makers Alphabet's Google and Apple will have to convince the public that any contact tracing technology to track who has been exposed to the new coronavirus will not lead to a violation of their privacy, Senator Richard Blumenthal said yesterday.... hahahaha! Who is this senile btw? G👀gle, especially thrived on violating privacy.
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