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US close: Stock market rally extends into third day
Shares on Wall Street finished higher for a third consecutive session after the head of the country's central bank assured investors that more could be done if needed to help the economy through the fallout of the coronavirus epidemic.
Friday preview: Consumer confidence, US House vote in focus
The focus in financial markets at the end of the week will be on a raft on consumer confidence surveys due out in the US as well as on the Continent.
Europe close: Stocks add to gains as ECB, Fed broaden commitment
Stocks across the Continent added to the previous day's gains after the head of the US central bank reassured investors that we "will not run out of ammunition".
BoE keeps door open to further increase in asset purchases
Rate-setters at the Old Lady of Threadneedle Street warned on Thursday that a "sharp" contraction in economic activity around the globe was likely, alongside a "rapid" rise in unemployment across many economies.
US pre-open: Stocks set to dip following surge in weekly jobless claims
Shares on Wall Street are being called to start the session slightly lower following the release of jobless claims figure that brought the worsening conditions in the US economy and jobs market into stark relief.
Europe midday: Stocks slip despite bond rally as ECB loosens shackles on debt purchases
Stocks across the Continent are slightly lower as investors gird themselves for data due out later in the day that is expected to show a historic jump in US weekly jobless claims, although the number of new Covid-19 infections in Italy continued to fall.
Europe open: Stocks dip despite fresh ECB moves, US relief package
Stocks across the Continent have started the session lower as investors gird themselves for what was expected to be a historic jump in US weekly jobless claims data later in the day.
'We're not going to run out of ammunition', Fed's Powell says
Federal Reserve President, Jerome Powell, told US broadcaster NBC that the central bank is not going to "run out of ammunition".