A bounce in their step

Feb 12, 2020 | Jay Zhang


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Stock indexes around the world rebounded smartly from the losses stemming from fears over the coronavirus, with the U.S. market pushing to another record high.

RBC DS-HIKER

The equity market rally has been sharp and swift since the Novel Coronavirus (2019-nCoV) became more acute, especially in the U.S. where the S&P 500 jumped 3.7 percent from its recent low and reached a new all-time high. Other markets have also bounced, although the recovery in Asia has lagged, understandably.

 

Market pulse
3 U.S. economic data trends flip positive
3 Canada GDP data shouldn’t move the needle for the BoC
4 Has the eurozone economy bottomed?
4 China to slash tariffs on U.S. goods

 

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