NEW YORK (Reuters) - The S&P 500 rose 6% on Tuesday, a day after its steepest decline since the 1987 crash, as the Federal Reserve took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy. Tuesday’s move to buy back commercial paper followed several emergency measures taken by the U.S. central bank on Sunday, including slashing interest rates to near zero. DJI rose 1,048.86 points, or 5.2%, to 21,237.38, the S&P 500 .

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RT 03 Apr 2020 18:00 CEST

COVID-19