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Stocks are set to jump at Monday’s open, Dow futures rise more than 200 points

Stocks are set to jump at Monday’s open, Dow futures rise more than 200 points

Finance
A man walks by the Wall Street subway sign on March 23, 2020 in New York City.Angela Weiss | AFP | Getty ImagesU.S. stock futures rose on Sunday night as Wall Street tried to recover from another decline last week while investors shook off rising tensions between Saudi Arabia and Russia.Dow Jones Industrial Average futures traded more than 200 points higher, or 1.2%. S&P 500 and Nasdaq 100 futures also climbed more than 1%.Last week, the major averages posted their third weekly decline in four. The Dow slid 2.7% while the S&P 500 lost 2.1%. The Nasdaq Composite closed last week down 1.7%. Stocks are also deep in bear-market territory as concerns over the coronavirus outbreak have virtually shut down the global economy and have dampened sentiment around corporate profits. ...
Spain surpasses China coronavirus cases as deaths rise to 7,340

Spain surpasses China coronavirus cases as deaths rise to 7,340

World
Spain has become the third country to confirm more cases of coronavirus than China - as its number of deaths rose by 812 in a day to reach a total of 7,340.Confirmed COVID-19 cases have increased by 6,398 since Sunday to reach 85,195 in total, Spain's health ministry said. The country has now joined the United States and Italy in having more coronavirus cases than China, which had confirmed 82,156 cases as of Monday. Image: Military Emergencies Unit members helped transport patients from a Madrid hospital to the Ifema convention centre to relieve crowded hospitals At midday on Monday, a minute's silence was held in Madrid, Spain's hardest hit city, for those who have died as an adagio was heard in one of the capital's best known squar...
Spain has second-highest number of deaths as Italy and France tolls rise

Spain has second-highest number of deaths as Italy and France tolls rise

World
A total of 3,434 coronavirus patients have now have died in Spain - more than the recorded number of deaths in China where the outbreak began.Spain now has the world's second-highest tally of COVID-19 deaths after 738 more were reported on Wednesday, the country's deadliest toll in one day. With 3,434 coronavirus patients dead, Spain surpassed China's toll of 3,285. Is Spain the new COVID-19 epicentre? Italy stil...
Coronavirus: Asia markets rise after US stimulus package agreed

Coronavirus: Asia markets rise after US stimulus package agreed

World
President Donald Trump and the US Senate have agreed an economic relief package worth more than $ 1.8 trillion (£1.5tn), sending Asian shares higher.Markets had rocketed on Wall Street and in London on Tuesday in anticipation of a deal being struck.On Wednesday, Japan's benchmark Nikkei 225 index was up 7.9% following news of the relief deal.The stimulus package includes money to bail out industries that have been affected by the crisis. In the US, the Dow Jones Industrial Average saw its biggest one-day gain since 1933 on Tuesday, surging 11.4% although the deal had not yet been signed.In Asia, the Hang Seng index in Hong Kong rose 3.1%, and China's Shanghai Composite was up by 2% in We
Italy coronavirus deaths rise by record 475 in a day

Italy coronavirus deaths rise by record 475 in a day

World
The number of people dying from coronavirus in Italy has risen by 475 in one day to nearly 3,000 - the biggest increase since the outbreak.There are a total of 35,713 confirmed cases in the country, with more than 4,000 having successfully recovered.Lombardy, the worst-hit region, recorded 319 deaths in one day.Italy is the world's worst affected country after China, where the virus originated last year. At least 8,758 people have died, most in China. The vast majority of the more than 200,000 confirmed cases - 80% - have occurred in Europe and the Western Pacific region, which includes much of Asia, the World Health Organization (WHO) says. US-Canada border to close amid virus crisis Eurovision Song Contest cancelled over corona...