NYSE to re-open trading floor for first time since pandemic closure – business live

Posted by on May 26, 2020 8:29 am
Categories: Global Stories

Rolling coverage of the latest economic and financial news, as the New York Stock Exchange welcomes traders for the first time in two months

1.29pm BST

The International Air Transport Association (IATA) has said that more airlines may fail due to an increase in debt taken on during the Covid-19 crisis.

The organisation said that airlines will exit the crisis with around $120bn worth of debt and only around $30bn in new equity.

1.19pm BST

With just over an hour to the US open, futures suggest American stocks will extend the gains seen across Asia and Europe today:

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