"The sovereign ratings on the US reflect its diversified and resilient economy, extensive monetary policy flexibility, and unique status as the issuer of the world's leading reserve currency," the dollar, S&P said in a statement.
Stocks increased after figures from China showed signs of economic recovery, but quickly dropped again after a record breaking amount of coronavirus-related deaths was announced in Spain.
Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution's office said they believe he died by suicide.
The US Senate unanimously passed a $2-trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus pandemic, as well as providing billions of dollars to buy urgently needed medical equipment.
Mirroring the emptying of supermarket shelves around the world, indebted corporates have rushed into money markets to hoard dollars, with a global shortage of greenback funding threatening to cripple firms from airlines to retailers.
London and Frankfurt markets opened more than 4 percent higher and Shanghai, Hong Kong and other Asian markets advanced. Seoul surged 7.4 percent.
US President Donald Trump’s Europe travel ban announced sent all three major US stock indexes into a tailspin, slamming the book on the longest-running US bull market on record.
The country, hit by a severe liquidity crunch and months of anti-government protests, was due on March 9 to repay a $1.2-billion Eurobond, while another $700 million matures in April, and a further $600 million matures in June.
This is the first real, widespread challenge to its policies the BJP has faced.
Annual World Economic Forum kicks off with US President Donald Trump criticising "prophets of doom" and teenage activist Greta Thunberg urging global financial elite to act against environmental crisis.
Saad al Hariri’s resignation as prime minister has left Lebanon without a government for nearly three months, in a time the country has been trying to recover from a deep economic crisis.
The late monarch’s shadow looms as Oman prepares to navigate the uncertainties of the post-Qaboos era.
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