Market panic lingers despite unprecedented Fed support
Share:
NEW YORK (Reuters) - Global equities slid further and safe-haven assets rose on Monday after a massive array of new programs from the U.S. Federal Reserve underscored the "severe" disruptions the coronavirus pandemic poses to a fast-weakening world economy.Traditional safe-havens such as gold, U.S. Treasury and German debt rose while industrial metals fell as the outlook for global growth grew dimmer. London aluminum prices slumped to their lowest since June 2016 while Shanghai copper fell to..