Stocks rise as governments throw kitchen sink at virus


New York (AFP) – Beaten-down European and US stocks rose Thursday, as markets weighed massive government stimulus efforts against early indicators of what is expected to be a deep and painful economic downturn.Wall Street equities finished a volatile session higher, with the Dow finishing up one percent as the Federal Reserve unveiled additional measures to boost liquidity and as Capitol Hill pushed ahead with massive stimulus, with Senate Republicans unveiling a plan for $1 trillion in fiscal spending.But fresh US data showed a spike in jobless claims and major drop in manufacturing activity….

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