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Global markets ​rallied overnight as investors speculated the global economy can withstand the impact from the still-spreading coronavirus after China’s market sell-off eased. Tesla extended its amazing run, while Alphabet (Google) slumped after deliverin

Investors are also speculating central banks stand ready to mitigate any hit to the global economy from the coronavirus. 

​Global markets recovered overnight with US stocks climbing as gains in Amazon and Nike as well as a surprise rebound in US factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic.  

Global markets were lower on Friday as Wall Street tumbled more than 1% on Friday as mixed corporate earnings added to worries over the impact of the Coronavirus outbreak on global growth.

Investors digested mixed company earnings announcements, with Facebook disappointing, while stocks such as Tesla beat expectations.

Both the ASX and NZX were down significantly yesterday, on the back of Coronavirus news,​ ​given ​the heavy reliance of both economies to China as a major trade partne

Apple made solid gains after the iPhone maker reported earnings for the holiday shopping quarter above analysts’ expectations, even as it braced for more disruptions in virus-hit China.

Both the Australian and New Zealand markets rallied to all-time highs yesterday, as Investors are embracing share markets as they hunt for higher returns as interest rates remain at record lows.

Global markets sold off as mounting worries over the scope of the coronavirus outbreak overshadowed positive corporate earnings