Apr 7, 2020 7:00:00 AM | LGT Navigator
LGT Navigator: Hope for early de-escalation
Hopes of a flattening of the infection curve of the coronavirus spread and the prospect of further economic stimulus packages ensured strong gains on the stock markets at the beginning of the week. On the New York Stock Exchange, the Dow Jones Industrial closed with an impressive daily gain of +7.73%. The leading European index EuroStoxx 50 had already started the new trading week with a daily gain of +5%. However, the situation remains very tense, particularly in the US, and there is no sign of a general all-clear at present. However, investors will now focus more on when the lockdown in the most important economies can be loosened or even lifted.