Global stocks feel weight of Covid-19
In Europe, oil and gas stocks gained more than 5%, with Royal Dutch Shell, Total and BP jumping between 3.3% and 5.0%
02 April 2020 - 13:11
London — World stocks were pinned down on Thursday by the rising death toll from the new coronavirus and deepening economic pain, with another record week of jobless claims expected in the US.
Investors sought the safety of the dollar which hung on to recent gains, while oil futures surged after US President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war...
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