* S&P 500 set for best two-day gain in nearly two weeks. * Exxon, Halliburton (HAL) track oil prices higher. * Cruise operators lead gains among S&P 500 firms. * Gains led by energy sector. * Indexes rise: Dow 2.68%, S&P 2.29%, Nasdaq 1.51% By Uday Sampath Kumar and Shreyashi Sanyal.
* Early signs of virus peaking in Europe, New York. * Euro races higher in first gains in seven sessions. * World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos. World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk.
U.S. Treasury yields climbed on
Tuesday as the bond market mulled a looming supply deluge and
Wall Street surged on hopes the coronovirus outbreak may slow
down.
The yield on the benchmark U.S.
Gold prices fell over 1% on Tuesday,
retreating from a near one-month high hit earlier in the
session, as signs of slowdown in coronavirus cases in major
epicentres boosted equity markets, drawing ...
* S&P 500 set for best two-gain in nearly two weeks. * Exxon, Halliburton (HAL) track oil prices higher. * Cruise operators lead gains among S&P 500 firms. * Indexes jump: Dow 2.24%, S&P 1.82%, Nasdaq 1.28% By Uday Sampath Kumar and Shreyashi Sanyal.
- Wall Street was set to resume a strong rally on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that the sweeping lockdown measures were working.
The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market.
Canada's main stock index futures rose on Tuesday, as oil prices jumped on hopes for a global production cut and a slowdown in infections in Europe and the United States aided sentiment. June futures on the S&P/TSX index were up 2.06% at 7:00 a.m. ET. Canada's Ivey PMI data for March is due at 10:00 a.m. ET. The Toronto Stock Exchange's S&P/TSX closed up 5.06% at 13,592.70 on Monday.
- Wall Street rose on Tuesday on early signs of the coronavirus outbreak plateauing in some of the biggest U.S. hot spots, with the New York state's governor saying social distancing measures to curtail the spread of the virus were working.
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