StanChart, BP, China National Bluestar Launch $ Bonds; DPW Downgraded; Softbank Plans to Sell T-Mobile Stake

StanChart, BP, China National Bluestar Launch $ Bonds; DPW Downgraded; Softbank Plans to Sell T-Mobile Stake

Markets rallied taking comfort from the Fed’s determined monetary and fiscal support and a record increase in the US May retail sales number which rebounded 17% vs an expected 8% increase. A new coronavirus drug with encouraging trial results also calmed fears...
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