USStocksAdvanceEven asTrump Extends Social Distancing

Fri, 05 Jun 2020

USStocksAdvanceEven asTrump Extends Social Distancing

Voice of America
31 Mar 2020, 04:05 GMT+10

Major U.S. stock indexes advanced more than 2% in early trading Monday in the hours after President Donald Trump extended the country's social distancing guidelines through April 30 to combat the spread of the coronavirus.

European exchanges edged ahead marginally in late-day trading, while those in Asia fell.

The European markets had fallen most of the day on worries about the pandemic and the decision of the European Central Bank to ask banks not to pay dividends on their stock or buy back shares until October.

Asian markets closed down as investors continued to be worried by the coronavirus and its effect on the world economy.

Hong Kong's Hang Seng index had lost over 330 points, or 1.45% at its closing bell, while the Nikkei in Japan was down more than 300 points or 1.57% and the Shanghai closed off nearly 1%.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sierra Leone Times.

More Information

28 ℃

Mostly Cloudy in Seletar

Business

Section

Shares in Hong Kong in Demand, Asian region moves higher

SYDNEY, NSW, Australia - Stocks in Asia continued higher on Friday, while the U.S. dollar remained in free fall."Central banks ...

New Zealand setting high standards in housing developments

CHRISTCHURCH, New Zealand - New public housing that will save tenants money in energy bills, and provide warmer, healthier and ...

Nationwide protests finally catch up with Wall Street

SYDNEY, Australia - Wall Street took a breather on Thursday following more than a week of protests across the U.S., ...

World food prices fall for fourth consecutive month

ROME, Italy - Global food commodity prices fell for the fourth consecutive month in May as the coronavirus (COVID-19) epidemic ...

Stocks in Tokyo, Sydney and Hong Kong advance, Shanghai flat

SYDNEY, Australia - Stocks in Asia advanced on Thursday but gains were limited, and not universal.China's Shanghai Composite finished flat.The ...

Long time Packers board member Peter Platten passes away

GREEN BAY, Wisconsin - Peter Platten, a former Green Bay Packers Executive Committee lead director and longtime member of the ...

Africa

Section

4 St Louis police officers receive gunshot wounds during protests

ST LOUIS, Missouri - Police in St. Louis, Missouri say four police officers were shot late Monday as protests that ...

Why violence is a hallmark of Kenyan policing. And what needs to change

Kenya has a long history of policing with excessive force, often resulting in unnecessary deaths. Recently at least six people ...

Nigeria's queer literature offers a new way of looking at blackness

Queering the Black Atlantic: Transgender Spaces in Akwaeke Emezi's Freshwater is a paper by Rocio Cobo-Pinero. It considers Emezi's award-winning ...

A window into the hearts and minds of billionaire donors

As the COVID-19 pandemic's economic toll increases, many billionaires and their foundations are making very public efforts

African Development Bank agrees external review of Adesina probe

The African Development Bank has agreed to an external review of an investigation that found no evidence of wrongdoing by ...

Retrenchments can be negotiated via Zoom, court rules

The Johannesburg Labour Court has ruled that retrenchment negotiations can take place over Zoom or using other video conferencing facilities.This ...

Movie Review

Dead Man