Stocks have climbed on Wall Street, putting the market on track for its first three-day rally in six weeks.
Global stock markets and US futures have declined after the US senate approved a proposed 2.2 trillion dollar (£1.85 trillion) coronavirus aid package.
Asian stocks were mixed after the US senate approved a proposed 2.2 trillion dollar (£1.85 trillion) aid package to tackle the coronavirus.
Stocks around the world have swung lower, even after the Federal Reserve in the US announced a tidal wave of support for lending markets, going way beyond the “bazooka” it had already unloaded.
The European stock markets rallied on Tuesday as intervention from the US central bank finally helped to boost global sentiment.
US stocks jumped as American president Donald Trump promised he would be “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.
Stock indexes have bounced up and down in early trading on Wall Street as investors try to regroup from a punishing day of losses.
The escalating coronavirus emergency has sent US stocks to their worst losses since the Black Monday crash of 1987.
US stocks have plunged lower on Wednesday, with the Dow Jones industrials sinking more than 1,400 points, as investors became more fearful about the coronavirus outbreak.
Fear dominated financial markets again on Thursday and US stocks fell sharply on worries about the fast-spreading coronavirus outbreak.