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It's time to buy shares again, says BlackRock, Credit Suisse

It's time to buy shares again, says BlackRock, Credit Suisse

Spotting an inflection point is not easy when the coronavirus is still spreading rapidly across the world, but BlackRock and Credit Suisse are striking a bullish tone.

  • by Thyagaraju Adinarayan

Latest

Best stretch since the 1930s: ASX set to jump as Wall Street rally gains steam
Coronavirus pandemic

Best stretch since the 1930s: ASX set to jump as Wall Street rally gains steam

The Dow Jones wrapped up its strongest three days in nine decades as it moved into a bull market.

  • by Noel Randewich
Global coronavirus infections surpass half a million
Coronavirus pandemic

Global coronavirus infections surpass half a million

Italy has shut down most of its industry, and a record-shattering 3.3 million Americans applied for unemployment benefits in a single week.

  • by Colleen Long
Biden calls Trump's Easter back-to-business goal 'catastrophic'
Coronavirus pandemic

Biden calls Trump's Easter back-to-business goal 'catastrophic'

Donald Trump on Tuesday told reporters he would like to see businesses opening their doors again by Easter, which will be celebrated on April 12.

  • by Trevor Hunnicutt
ASX eyes third-straight day of gains as Wall Street jumps higher
Coronavirus pandemic

ASX eyes third-straight day of gains as Wall Street jumps higher

Wall Street recorded consecutive days of gains for the first time in a month as investors cheered moves to bolster the US economy.

  • by Noel Randewich
The worst is probably not over for sharemarkets
Opinion
Opinion

The worst is probably not over for sharemarkets

It’s improbable that markets have bottomed. Indeed, until it is apparent the pandemic has run its course, there probably is no bottom.

  • by Stephen Bartholomeusz
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Biggest gain since 1933: ASX to jump as Wall Street surges on hopes of $3.4tr rescue package
Coronavirus pandemic

Biggest gain since 1933: ASX to jump as Wall Street surges on hopes of $3.4tr rescue package

The Dow has its biggest one-day percentage gain in 87 years as belief rises that Congress has no alternative than to pass a $US2 trillion rescue of a US economy that is on life support.

  • by Rachel Siegel and Thomas Heath
Republicans say the virus fight may cost the economy too much
Updated
Coronavirus pandemic

Republicans say the virus fight may cost the economy too much

One of Texas's most senior politicians stunned observers by saying that he would be happy to risk dying from virus in order to keep the economy afloat.

  • by Matthew Knott
New-look Wall Street slides lower as Congress hits roadblock
Updated
Coronavirus pandemic

New-look Wall Street slides lower as Congress hits roadblock

On an historic day on Wall Street, the pain continued for investors, despite the Fed announcing unlimited bond-buying.

  • by Stan Choe, Damian Troise and Alex Veiga
'A bolt from the blue': Wall Street's new world is taking some getting used to
Coronavirus pandemic

'A bolt from the blue': Wall Street's new world is taking some getting used to

Wall Street is grappling with a challenge it had never faced: how to protect employees from a worsening public health threat while managing clients who need their services around the clock.

  • by Kate Kelly
Wall Street rises, ASX set for gains as Fed, ECB step up
Coronavirus pandemic

Wall Street rises, ASX set for gains as Fed, ECB step up

The ASX is set to open higher this morning as policymakers around the world pulled out all the stops to try and stave off a deep and lasting coronavirus-driven recession.

  • by Taylor Telford and Thomas Heath