Business
US stocks rebound after President Trump calls for coronavirus aid for airlines, small business and individuals – ABC News
Stocks on Wall Street surge after the US President calls on Congress to pass some coronavirus relief measures including a bailout for airlines and stimulus cheq…
US stocks have rebounded after the US President called for more aid for the airline industry a day after putting stimulus talks on hold until after next month’s US presidential election.
Key points:
- US stocks close sharply higher on new stimulus hopes
- Federal Reserve officials say US economy needs more coronavirus aid
- Australian dollar recovers some ground to 71.38 US cents
Mr Trump wrote on Twitter that Congress should pass a $US25 billion ($35 billion) a…
Continue Reading