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Wall Street on track for first back-to-back gain in six weeks

New York Usa Washington city London hospital virus pandemic Government track
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New York/London: The dollar and global equity markets marched higher on Wednesday and were poised for a second day of gains following a coronavirus-induced selloff, though investors remained concerned about the pandemic's economic impact.

Hopes that an incoming $2 trillion U.S. fiscal stimulus will ease the economic devastation caused by virus lockdowns lifted world equity indexes for a second day after historic gains on Tuesday, but investors refrained from calling a bottom.

Investors are also still waiting to see the details of Washington's plan, which will include direct payments to most Americans and aid for hard-hit industries.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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