Markets

American stock exchanges are showing growth after a record decline

Stocks fall sharply on fears of worsening coronavirus

American stock exchanges are showing growth after a record decline

Three leading stock indices added 1 percent each

American financial markets opened higher on Tuesday after their worst losses since Black Monday in 1987.

Dow Jones Indices, S&P 500 and Nasdaq in early trading added more than 1 percent.American stock exchanges are showing growth after a record decline The day before, the sharpest drop was recorded since the beginning of the coronavirus epidemic.

All three indices, now in bear market territory, crashed on Monday after the US Federal Reserve cut interest rates to stimulate the economy.

Fears grow that the fallout from the novel coronavirus pandemic could trigger a global recession.

The Trump administration is expected to ask Congress on Tuesday for an estimated $ 850 billion in economic stimulus measures.

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