Coronavirus: Stock markets rise despite nerves over $2trn Trump stimulus delay

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Coronavirus: Stock markets rise despite nerves over $2trn Trump stimulus delay
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Stock markets are on course to stage a rally despite growing fears of political deadlock delaying Donald Trump's planned $2trn (£1.7trn) stimulus package for the world's largest economy.

Global indices have lost, on average, almost a third of their values in just the past month as investors have reacted to the spread ofDespite a renewed wobble in the US and Europe on Monday, Asian markets reacted positively on Tuesday to moves by theUK businesses try to stay afloatFinancial spreadbetters expected the FTSE 100 to open 4% higher - recovering its losses of the previous day.

The stimulus measures are aimed at limiting the effects of what is likely to be a deep, but potentially short, global recession.

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