Apparently, the stimulus measures put in place by the governments of different countries have not convinced investors.
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US Stock Exchanges They have suffered another sharp drop at the beginning of March 18 during the world economic crisis due to the spread of the coronavirus.
Apparently, the stimulus measures established by the governments of different countries have not convinced investors and the stock markets they have collapsed. The Dow Jones fell more than 1,300 points just after the open, while the S&P 500 and Nasdaq Composite indices are losing more than 4%.
The latest effort by the Federal Reserve (Fed) to support the US economy was to announce two shows emergency loans, which were last deployed to alleviate the 2008 financial crisis.
In the current context, the Fed plans to unfreeze until One billion dollars to help US companies get short-term loans that they can pay workers and finance their inventories.
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In Europe, something similar happened: the shares listed on the London (United Kingdom), Frankfurt (Germany) and Paris (France) exchanges also experienced another day with large decreases from 5% to 6%.
Hours earlier, stocks in Australia led losses in the Asia Pacific region as the S&P / ASX 200 index down more than 6%. Likewise, the Hang Seng in Hong Kong (China) depreciated more than 4%, while the Shanghai Composite and the Nikkei 225 in Japan lost 1.5%.
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