Mar.16 — European stocks sank along with Asian shares, while futures on the S&P 500 Index hit trading limits, as investors responded to a rapidly escalating economic hit from the coronavirus and a massive emergency move by the Federal Reserve to ease policy. Jane Foley, head of FX strategy at Rabobank, explains why “it’s what the Fed didn’t do” that has disappointed markets. She speaks on “Bloomberg Surveillance.”
In This Story: S&P
S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.
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