World shares mixed after Wall St rally as oil prices recover

A man wearing a mask against the spread of the new coronavirus walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, April 23, 2020. Asian shares rose moderately Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero.

France’s CAC 40 rose 0.1% in early trading to 4,426.13. while Germany’s DAX fell 0.7% to 10,341.40. Britain’s FTSE 100 edged less than 0.1% lower to 5,767.32.The U.S. House was expected to vote Thursday on a $483 billion proposal to deliver more loans to small businesses and aid to hospitals after the Senate approved it on Tuesday.

Investors are still bracing for a severe, painfully deep recession after businesses shut down worldwide in hopes of slowing the spread of the coronavirus. Even as depressing economic and health reports pile up, some investors are looking ahead to parts of the economy reopening as infections level off in some areas.

Prakash Sakpal and Nicholas Mapa, economists at ING, said a rise in oil prices, which have been crashing, was a help.Benchmark crude added $1.03 to $14.81 a barrel in electronic trading on the New York Mercantile Exchange. The price of a barrel of U.S. oil to be delivered in June jumped 19% to settle at $13.78 on Wednesday.

Oil is a gift from god given to the muslim world and other good people. Unfortumately, the world has been letting the devil control its faith.

Personally I think governments stock markets should have suspended trading during the lockdown.

American people: Stocks have a small rally and there are signs of hope on the horizon. We may make it through! realDonaldTrump at press rally: “Hold my beer...”

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street tumbles as oil crash adds to pandemic fearsWall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies worsened fears of a deep economic downturn. SCREW OIL AND WALL STREET. VILE VERMIN.
Source: Reuters - 🏆 2. / 97 Read more »

Here's what every major Wall Street analyst is predicting for Netflix earnings after the bellNew for subscribers: Here's what every major Wall Street analyst is predicting for Netflix earnings after the bell Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street surges as Congress preps more stimulus and oil bounces backWall Street surged on Wednesday as oil prices recovered and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the coronavirus crisis.
Source: Reuters - 🏆 2. / 97 Read more »

Pakistani Authorities Seek Reinstatement of Death Penalty in Killing of Wall Street Journal Reporter Daniel PearlPakistani authorities asked the country’s highest court to reimpose the death penalty for a British national accused of kidnapping and killing Wall Street Journal reporter Daniel Pearl, after a lower court had overturned the 18-year-old murder conviction earlier this month. Good luck trying to civilize the Pakistani polity
Source: WSJ - 🏆 98. / 63 Read more »