Coronavirus: Markets slightly rebound after Fed stimulus plan

The Trump administration is giving a roughly $850bn stimulus package to the US economy, which would ease the economic pain generated by the coronavirus pandemic, causing the markets to react positively; however, US airlines, among other companies, are looking for a bailout as much as $50bn. Meanwhile, there are fears of an unprecedented surplus of crude oil in the midst of the pandemic, which is why more than a dozen US Republican senators are pleading to the Saudi crown prince to take action in the oil market. Others joining the efforts against misinformation and fraud happening during the coronavirus crisis are the biggest tech companies like Google and Facebook.

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