Oil crash slams stocks, dollar gains as risk sentiment rolls over [Reuters (UK)]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
Oil crash slams stocks, dollar gains as risk sentiment rolls over - Reuters 4 Min Read LONDON (Reuters) - Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time ever, as dismal corporate earnings underlined worries about economic damage from the coronavirus pandemic. The dollar rose against a basket of other currencies as investors shunned riskier assets. MSCI’s All Country World Index, which tracks stocks across 49 countries, was down 0.9%. European stock markets followed their Asian counterparts lower, with the pan-European STOXX 600 index down over 2% by midday in London. Monday’s plunge in oil, which saw some prices reach minus $40 a barrel, resulted from growing crude stockpiles and dwindling storage space as lockdowns to contain the spread of the novel coronavirus slashed global fuel use. First-month West Texas Intermediate continued to trade in negative territory on Tuesday, at -$7.13 a barrel. Graphic - Crude oil's historic crash be
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JPM
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- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website