Wall Street rebounds after coronavirus rout - business live
(The Guardian Business News)

Rolling coverage of the latest economic and financial news, as Britain´s FTSE 100 slumps to its lowest level in a yearLatest: New York stock market opens higherTrump: Media to blame for selloffUS crude hits one-year lowChevron sends Canary Wharf staff homeRoubini: Worst is yet to comeDiageo: Covid-19 will wipe millions off sales and profits 4.19pm GMT Today´s recovery may be driven by hopes that Donald Trump calms the crisis, when he speaks this evening (6pm New York time).feels like all the short covering is done now in spoos... Trump better not disappoint at 6pm 4.09pm GMT Tech stocks are sizzling on Wall Street, with Netflix up by 5%, NVIDIA up 4.6%, Oracle up 3.75% and Micron Technology at 3.7%. Continue reading...