Archive for March 5th, 2020

New Overnight Developments Abroad - Daily Update

Risk Back Off after California Declares State of Emergency

March 5, 2020

Yesterday’s U.S. stock market rally extended into Pacific Rim trading hours overnight, with markets advancing 2.1% in Hong Kong, 2.0% in China and New Zealand, 1.3% in South Korea, and 1.1% in Japan, Australia, and Taiwan. But the covid-19 virus continues to extend its tentacles, and investor fear abruptly overtook hope in Europe where equity […] More

css.php