Live Update 
From the Liveblog of
Wednesday, March 25, 2020
From the Liveblog of
Wednesday, March 25, 2020
Israeli stock trade set to open after global market surge
Add ToI as a Preferred Source on GoogleThe Tel Aviv Stock Exchange is set to start daily trading at 9 a.m., after an international surge in light of the massive new US stimulus package and following new moves from the Federal Reserve, the latest salvos in a global counterattack against the damage from the coronavirus pandemic.
On Wall Street, the Dow surged 11.4 percent, its biggest one-day percentage increase since 1933, boosted by signs Congress was nearing agreement on a rescue package for the US economy that has now been announced to amount to more than $2 trillion.
The gains in New York were mirrored in Europe and in Asia.
— with AFP
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