A fresh plunge in oil prices signaled a bleak outlook for energy demand as the coronavirus pandemic ravages the global economy
Stocks rallied Tuesday as investors awaited earnings reports from U.S. technology giants and blue-chip companies. Oil prices plunged anew as selling by exchange-traded funds compounded pressure on the market from the collapse in demand.
Futures tied to the S&P 500 gained 1.3%, suggesting the blue-chip index may extend advances made Monday. The Stoxx Europe 600 rose 1.8%.
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