Global financial markets looked set to finish a tumultuous week on a more positive note, as investors digested news of fresh measures by policymakers to shore up economies that have been devastated by the coronavirus. Investors piled money into Europe’s biggest financial markets, sending stocks in Paris and Frankfurt rallying by about 5 percent. They took their cue from the Asia-Pacific region, where stocks were buoyed on Friday by riskier appetites. Wall Street appeared ready to follow, with futures trading indicating a gain of nearly 2 percent when trading begins later on Friday. Stocks across the Asia-Pacific region rose.

Source: International New York Times March 20, 2020 04:02 UTC