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Stock impact report

Crude mixed on output deal, recession fears; shares slip [Reuters (UK)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Reuters
Crude mixed on output deal, recession fears; shares slip - Reuters 5 Min Read NEW YORK (Reuters) - Stocks on Wall Street mostly slid on Monday over concerns of what the coronavirus pandemic will do to corporate earnings, while crude prices were mixed as a global deal on record output cuts failed to quell doubts the pact would head off an oil glut. Gold prices rose to their highest in more than seven years and the dollar fell slightly, with volume thin due to the Easter Monday holiday across Europe and parts of Asia, where markets in Australia, New Zealand and Hong Kong were closed. U.S. Treasury yields rose, bolstered by hopes for reopening the U.S. economy weeks after restrictions to fight the fast-spreading disease shut it down. But the oil glut reminded investors of the deep economic contraction countries still face. Britain’s finance minister told colleagues the UK’s economy could shrink by 25% to 30% between April and June because of the coronavirus lockdown, the Times newspaper Show less Read more
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