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Stock impact report

The close: TSX jumps after massive U.S. Fed stimulus [Toronto Globe and Mail (Ontario, Canada)]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
The close: TSX jumps after massive U.S. Fed stimulus Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies during the COVID-19 pandemic, while oil prices pulled back from an earlier surge. Canada’s main stock index rose on Thursday as the U.S. Federal Reserve’s massive program to shore up the world’s largest economy overshadowed record domestic job losses in March. Canada lost a 1 million jobs in March, while the unemployment rate soared to 7.8%, official data showed, as the new coronavirus outbreak forced the closure of non-essential businesses. However, bolstering investor sentiment was a broad, $2.3 trillion effort by the U.S. Federal Reserve to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact. The Toronto Stock Exchange’s S&P/TSX composite index was unofficially up 240.92 points, or 1.73%, at 14,166 Show less Read more
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