Wall Street climbs after Fed stuns markets again with aid
(WorldNews Politics)

NEW YORK (AP) - Stocks rose in morning trading on Wall Street Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak. The central bank undertook actions to provide up to $2.3 trillion in loans to households, local governments and small and large businesses as the country tips into what economists say may be the worst recession in decades. It´s the latest massive move by the Fed, which has rushed to ensure cash gets to parts of the economy that need it after markets got snarled by a rush of investors pulling cash out of the system. The stock market is not the economy, and that distinction has become even more clear...