Federal Reserve reopens crisis-era primary dealer credit facility

The Federal Reserve continued its efforts to soften the impact of the coronavirus on the U.S. economy by re-opening its crisis-era primary dealer credit facility to provide short-term loans to banks and broker-dealers. “The facility will allow primary dealers to support smooth market functioning and facilitate the availability of credit to businesses and households,” the […]

Stock futures pull back after big rally

Stock futures dipped on Tuesday evening, with traders booking some profits after a brisk rally helped investors recoup some of Monday’s ugly losses that pushed the Dow Jones Industrial Average to its worst day since Black Monday of 1987. [Read more: Coronavirus...

What to know in markets Wednesday

Ongoing developments surrounding the coronavirus outbreak will remain in focus Wednesday. U.S. stocks rebounded Tuesday after the Trump Administration indicated that it is considering a fiscal stimulus package of more than $1 trillion. [Read more: Stocks boosted as...