World shares jump as markets ignore US-China tensions
Investors also homed in on the world economy gradually reopening and China looking to inject stimulus domestically
26 May 2020 - 12:01
London/Sydney — World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors disregarded US-China tensions to focus on more stimulus in China and a reopening world economy.
Britain’s FTSE and Japan’s Nikkei led their regions with 2.2% gains, while US S&P 500 futures cleared the 3,000 level for the first time since early March, when the economic impact of the coronavirus was just becoming clear...
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