Investors desperate for good news seized upon reports that the coronavirus pandemic may be peaking in some parts of the US and Europe, pushing the broad market up nearly 8% and lifting shipping stocks in all categories.
Another reduction of new Covid-19 cases in the world's epicentre, New York City, followed similar news in Italy and Spain, giving investors cause to push the Dow Jones Industrial Average to its third-biggest gain ever: up 1,627 points to 22,680.
