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Stock impact report

Shares jump as investors cheer lockdown easing, more stimulus [Reuters]

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Company Research Source: Reuters
Shares gain as investors look to lockdown easing LONDON (Reuters) - Stock markets rallied on Monday as the Bank of Japan added more stimulus to cushion the impact of the coronavirus and investors cheered news more countries were easing lockdowns, though the oil price took another tumble with storage running short. The Bank of Japan matched market speculation by pledging to buy unlimited amounts of government bonds and sharply raising purchases of corporate and commercial debt, the latest in a raft of vast central bank stimulus plans that have helped propel a near 25% rally in global stock markets. The Federal Reserve and the European Central Bank meet later in the week, with the latter likely to do more bond buying. Chris Scicluna, head of economic research at Daiwa Capital Markets, said while he expected both meetings to focus chiefly on implementing current commitments, “there might well be tweaks... to their various purchase and liquidity programmes”. The Euro STOXX 600 rose 1.8%, Show less Read more
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