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…
-
General19 hours agoAustralia’s Bisalloy Steel sells to IDF in violation of UN Arms Treaty
-
General16 hours agoBrilliant front nine propels Minjee Lee into contention for Chevron Championship
-
Noosa News23 hours agoYoung woman dies after falling 80m down Mapleton waterfall on Queensland’s Sunshine Coast
-
Noosa News18 hours agoAFL live round seven: Saints vs Lions, Power vs Kangaroos, Giants vs Bulldogs live updates — blog, scores and stats