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Yahoo BusinessMay 26, 2020
U.S. Futures Jump with Stocks; Dollar, Bonds Drop: Markets Wrap
(Bloomberg) -- U.S. stock futures rose with global equities on Tuesday as further moves to ease coronavirus lockdowns in major economies outweighed concerns over escalating geopolitical tensions. The dollar declined for a second straight session.Contracts on the three main U.S. equity benchmarks rallied from Friday's close, with S&P 500 futures topping 3,000. The Stoxx Europe 600 Index jumped, with travel stocks surging on reports that Berlin plans to lift travel warnings for 31 European countries. The U.K. also announced steps toward getting back to business, sending the pound up by the most in almost a month.Japan led the equity advance in Asia as the world's third-largest economy reopened, and shares rose in Hong Kong, which showed signs of stabilizing after weekend unrest. Treasuries slid after the three-day U.S. weekend, alongside Germany's government debt. WTI crude oil advanced to around $34 a barrel on hopes the market may rebalance after historic output cuts.Investors are coming out of the holiday weekend in a risk-on mood, even as tensions between Washington and Beijing continue to flare. China condemned the U.S. for adding 33 Chinese entities to a trade blacklist, but without announcing any retaliatory steps. Meanwhile, Beijing sought to reassure Hong Kong that its judiciary would remain independent under a new national security law.Cutting against the tensions are mounting signs that coronavirus infection rates are moderating. The Japanese government ended its nationwide state of emergency

MarketWatchMay 26, 2020
Europe Markets: Travel companies lead European stocks higher as global markets rally
Travel stocks rallied in Europe on Tuesday as stocks climbed for a second day on optimism over a slowly recovering world economy.

MarketWatch MarketPulseMay 26, 2020
COVID-19 case tally: 5.51 million cases, 346,612 deaths and Brazil passes Russia by case numbers
The global case tally for the coronavirus that causes COVID-19 climbed to 5.51 million on Tuesday, according to data aggregated by Johns Hopkins University. The death toll rose to 346,612. More than 2.2 million people have recovered. The U.S. has the highest case toll in the world at 1.66 million and the highest death toll at 98,223. Brazil has 374,898 cases and 23,473 deaths, while Russia has 363,343 cases and 3,807 fatalities. The U.K. has 262,547 cases and 36,996 deaths, the highest death toll in Europe and second highest in the world after the U.S. Spain has 235,400 cases and 26,834 deaths, while Italy has 230,158 cases and 32,877 deaths. France has 183,067 cases and 28,460 deaths, while Germany has 180,802 cases and 8,323 deaths. Turkey has 157,814 cases and 4,369 deaths and India has 146,208 cases and 4,187 deaths. Iran has 137,724 cases and 7,451 deaths. Peru has 123,979 cases and 3,629 deaths. Canada is next with 87,122 cases and 6,655 deaths. China, where the disease was first reported late last year, has 84,102 cases and 4,638 deaths.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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