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![coronavirus-debut-d-un-essai-clinique-europeen-la-chloroquine-inclue coronavirus-debut-d-un-essai-clinique-europeen-la-chloroquine-inclue](https://img2.s3wfg.com/web/img/images_uploaded/5/d/coronavirus-debut-d-un-essai-clinique-europeen-la-chloroquine-inclue_290x145.jpg)
Markets underestimate potential for Covid-19 therapies to support re-opening US economy
The road to re-opening America's economy will be "long" and the final destination will only be reached when a vaccine for the Covid-19 coronavirus is found, analysts at Morgan Stanley warned.
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Europe close: Stocks start week moving higher
Investors across the Continent continued to push stocks higher at the start of the week, despite some analysts' doubts regarding the sustainability of recent gains in the stock market.
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Wednesday preview: US data, JD Sports in focus
Investors' attention on Wednesday will be on the US economy as the first hard data for the month of March are released.
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London close: Footsie misses out on global rally as pound extends gains
A renewed push higher in Sterling and weakness in crude oil prices tripped investors up as they returned from the long bank holiday, even as analysts debated what markets' next move might be.
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Citi downgrades Smith and Nephew to 'neutral'
Analysts at Citi downgraded their view for shares of medical device maker Smith&Nephew to 'neutral' in anticipation of six to 18 months of difficult trading in the wake of the Covid-19 pandemic.
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'V is for Vaccine', BofA says
Strategists at Bank of America still saw scope for one more leg up in equities due to investors' still "very bearish" positioning.
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US import prices drop as energy price crash like in 2008
The cost of imported goods in the States fell sharply last month as energy prices crashed.
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Europe midday: Stocks edge higher as infection rates in Italy and Spain slow
Investors across the Continent were continuing to push stocks higher at the start of the week, despite some analysts' doubts regarding the sustainability of recent gains in the stock market.
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JP Morgan amasses reserves in Q1 ahead of 'fairly severe recession'
JP Morgan posted "extremely good" underlying results for the first quarter of 2020, although its bottom line took a multi-billion dollar hit as America's largest lender by market value amassed reserves in anticipation of a "fairly severe recession".