Stocks climb as virus numbers comfort markets

New York (AFP) – Global stock markets rose Thursday as investors welcomed data suggesting the coronavirus outbreak may be close to reaching its peak.Heartened by yet another massive intervention by the Federal Reserve, Wall Street shrugged off a devastating jobs report showing weekly US unemployment filings hit 6.6 million, with the Dow closing up 1.2 percent.Fed Chair Jerome Powell on Thursday predicted the US would see a “robust” recovery once the coronavirus is contained, and announced $2.3 trillion in new lending programs to support the world’s largest economy.A warning of the worst crisis…

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