HM Treasury  

Chancellor reveals £330bn coronavirus war chest

The S&P 500 had dropped some 26 per cent over the same time period while the Euro Stoxx 50 was down 32 per cent.

Volatile market conditions have seen indices suffer their biggest daily dives in more than 30 years this month. But reports that the US government is preparing cash transfers to consumers helped lift equities this afternoon, with the FTSE 100 finishing 2.8 per cent higher on the day.

imogen.tew@ft.com

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