Stock markets go topsy turvy as oil jumps and US data stoke fear

New York (AFP) – Global stock markets went on a rollercoaster ride on Thursday as investors were caught between fresh tremors on the economic front and a sudden surge in oil prices, analysts said.A tentative rebound in European stocks seen early in the day came to an abrupt end when US jobless data fueled fears that no amount of government efforts can shield the economy from coronavirus. News that another 6.65 million US workers filed for unemployment benefits last week, the most ever recorded, bringing the two-week total to 10 million, initially depressed Wall Street, but US stocks ended the …

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