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Dow Jones Recorded Highest One-Day Gains Since 1933 as Asian shares Rally Along

Mar 25, 2020 11:51 AM
Dow Jones Recorded Highest One-Day Gains Since 1933 as Asian shares Rally Along Africa Business Radio, Dow Jones, Equity Market, Europe, Africa Business News, Stoxx Europe, Industrial Average

U.S. index futures and European stocks have rallied alongside Asian shares on Tuesday as investors rediscovered a measure of risk appetite as global equities hit their lowest level since 2016. Contracts on the S&P 500, Nasdaq 100 and Dow Jones Industrial Average all jumped more than 5% to hit their upper trading curbs. The Stoxx Europe 600 Index also surged, led by energy companies and miners. Benchmarks in Tokyo, Hong Kong, and Sydney all climbed at least 3% while Korean shares soared almost 9% as the government announced measures to stabilize financial markets amid the coronavirus pandemic.

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