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The Dow jumps up on hopes of coronavirus stimulus package: ASX poised to open higher

25 Mar 2020 – The ASX looks set to open higher. The Dow rebounded more than 11% in its best day since 1933. The rise comes as US Congress battles out a coronavirus stimulus deal. Meanwhile, US President Donald Trump says he wants to reopen the US economy by Easter. Back home economists report that we could see house prices plummet by 20%. Fletcher Building (ASX:FBU) says there has been no material disruption to our manufacturing, distribution, residential and construction operations during the coronavirus pandemic.

Source: Finance News Network

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