Markets across Asia and Europe were buoyant on Wednesday, as investors cheered a $2 trillion coronavirus stimulus package to shore up the American economy. The positive mood looked likely to carry over onto Wall Street, as trading in futures indicated a strong opening for stocks there as well. France’s CAC 40 rose 2.2 percent, Germany’s Dax rallied 2.4 percent and in London the FTSE 100 climbed 2.6 percent. In the Asia-Pacific region, markets finished the day on fresh weekly highs. Chinese stocks rallied, with Shanghai’s SE Composite finishing the day 2.1 percent higher and Shenzhen stocks rising by more than 3 percent.

Source: International New York Times March 25, 2020 04:34 UTC