US stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.
Nasdaq outperformed other major indexes, ending 2.3% higher, fueled by gains in Amazon.
com, Microsoft and Facebook.
The Federal Reserve opened swap lines with central banks in nine new countries to ensure the world's dollar-dependent financial system continued to function.
It was the latest in a.