Global markets pick up after plunge on virus, oil
BEIJING — Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.Oil prices also recovered some of their losses in Monday’s stunning plunge.European indexes, many of which suffered their biggest one-day drop since the 2008 global crisis on Monday and fell into a bear market, were up by more than 3%. […]
