Fed’s short-term corporate funding plan boosts stocks, gold, dollar
March 17, 2020Fed officials flag possible further steps in Fed crisis response
March 17, 2020Wall Street jumps after Monday’s historic sell-off as Fed boosts liquidity to fight coronavirus effect
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The S&P 500 rose 6% on Tuesday, clawing back a significant portion of Monday’s steep losses, as the Federal Reserve and the White House took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy.
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