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Traders were encouraged by the Fed's promise to buy as many Treasurys and other assets as needed to keep financial markets functioning. It would send checks to U. The Nikkei in Tokyo rose 6. The Shanghai Composite Index rose 1. The Hang Seng in Hong Kong was 3. The central bank said it will buy a wide range of investments, including corporate bonds for the first time, to improve trading in markets that help home buyers purchase houses, state and local governments borrow and businesses to get enough short-term cash to make payroll.

As Congress was locked in stalemate, the number of known infections worldwide jumped pastAfter just a few weeks, the United States has more than 46, cases and more than deaths. For most people, the coronavirus causes only mild or moderate symptoms, such as fever and cough. Those with mild illness recover in about two weeks. Severe illness including pneumonia can occur, especially in the elderly and people with existing health problems.

Recovery could take six weeks in such cases. Also Monday, trading on the New York Stock Exchange went all-electronic for the first time after the trading floor was temporarily closed as a precaution. The exchange announced the move last week after two employees tested positive for the virus. The number of floor traders had dwindled sharply in recent years as more trading become electronic. Wall Street and some other stock market s have lost asian stock market stabilization fund one-third of their value over the past month as business shutdowns spread and airlines, retailers asian stock market stabilization fund other industries suffer rising losses.

Economists increasingly say a recession seems inevitable. Analysts are slashing their forecasts for upcoming corporate profits. Forecasters say they cannot project how deep the downturn might be or how long it will last.

Professional traders say investors need to see a decline in asian stock market stabilization fund of new infections before markets can find a bottom. Congress debated through the weekend on the rescue plan, but White House officials and congressional leaders are struggling to finalize it. Democrats blocked a vote to advance the package Monday. They want to steer more of the assistance to public health and workers.

Even if the two sides find a compromise, Congress may need to go through more rounds of similar negotiations if the outbreak isn't brought under control.

It was down as much as 4. The Nasdaq, which is dominated by technology companies, lost only 0. In energy markets, benchmark U. Shows Good Morning America. World News Tonight. This Week. The View. What Would You Do? Sections U. Virtual Reality. We'll notify you here with news about.

Turn on desktop porno sex im bus frei for breaking stories about interest? Asian stock market stabilization fund 0. Asian stocks gain after U. Fed promises economic support.

Melania's ex-friend: Trump family tainted by 'deceit, deception'. Hundreds of protesters gather against new flu vaccine mandate in Massachusetts. Elon Asian stock market stabilization fund unveils brain chip implant: 'It's like a Fitbit in your skull'. ABC News Live.


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