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Stock Markets Rise On Huge Economic Support Plans

Stock Markets Rise On Huge Economic Support Plans

In the eurozone, markets jumped after the European Central Bank launched a vast stimulus this week, with Frankfurt, Paris, Milan and Madrid scoring gains of between 2 and 4 percent.

London’s stock market won about 2 percent one day after the Bank of England slashed interest rates to a record-low 0.1 percent and ahead of new UK state stimulus plans later Friday.

The dollar eased somewhat after a lengthy rally fuelled by traders cashing out of their investments, while the embattled oil market extended Thursday’s gains.

US stocks rose at the opening bell, with the Dow adding 0.5 percent in …

Bayern Thrashed 5-1 At Frankfurt In Heaviest League Defeat

Bayern Thrashed 5-1 At Frankfurt In Heaviest League Defeat

Bayern Munich crashed to their heaviest Bundesliga defeat for a decade with a 5-1 thrashing at Eintracht Frankfurt which leaves head coach Niko Kovac under huge pressure.

Defending champions Bayern, who had to play the majority of the match with 10 men following Jerome Boateng’s ninth-minute red card, are fourth, four points behind leaders Borussia Moenchengladbach who won 2-1 at Bayer Leverkusen.

It was Bayern’s biggest league defeat since April 2009 when they crashed 5-1 at Wolfsburg, who won the 2008/09 league title.After a shock 2-1 loss at home to Hoffenheim last month, Bayern suffered a second league defeat of …