Stocks Rise Sharply on Hopes of Rate Reductions

U.S. stocks soar as traders bet on central banks stepping into stabilize markets. The OECD warns the coronavirus outbreak will cut global growth this year to 2.4% from 2.9%. AT&T shares rise 5% after the company releases AT&T TV. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices