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Stock impact report

GLOBAL MARKETS-Oil crash hits stocks, dollar gains as investors shun risk [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Oil crash hits stocks, dollar gains as investors shun risk LONDON (Reuters) - Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time, as dismal company earnings reports underlined worries about economic damage from the coronavirus pandemic. The dollar rose against a basket of peers as investors shunned riskier assets. MSCI’s All Country World Index, which tracks stocks across 49 countries, was down 0.8%. European stock markets followed their Asian counterparts lower, with the pan-European STOXX 600 index down nearly 2% in early deals. Monday’s historic plunge in oil, which saw some prices reach -$40 a barrel, is the result of growing crude stockpiles and a squeeze on storage space as lockdowns to contain the spread of the novel coronavirus slash global fuel use. First month West Texas Intermediate continued to trade in negative territory on Tuesday, at -$4.55 a barrel. (GRAPHIC: Crude oil's historic crash below zero - here ) “I have always Show less Read more
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