G7 voices commitment to take necessary steps to counter coronavirus impact. Financial shares suffer heavy losses as Treasury bond yields extend slide. Real Estate and Healthcare sectors post modest gains. Although the upbeat performance of major global equity indexes provided a boost to US stock index futures earlier in the day, Wall Street’s main indexes opened the day in the negative territory as the G7 statement failed to mention a coordinated monetary policy action. G7 statement weighs on US stocks As of writing, both the Dow Jones Industrial Average and the S&P 500 were down 0.55% on the day while the Nasdaq Composite was erasing 0.65%. Following their emergency meeting on Tuesday, G7 finance ministers and central bank governors said they stand ready to take actions, “including fiscal measure where appropriate.” Commenting on the G7 statement, “if there is a need to stimulate the US economy due to the coronavirus, infrastructure is a priority,” US Treasury Secretary Mnuchin said. Among the S&P 500 indexes that represent 11 major sectors, the Financials Index is down 1.6% in the early trade pressured by a 3.8% drop witnessed in the 10-year US Treasury bond yield. On the other hand, the defensive Real Estate and Healthcare indexes post modest gains in early trade to reflect a risk-averse atmosphere. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next XRP Price Analysis: XRP/USD bulls have another chance to retest the big $0.2500 FX Street 3 years G7 voices commitment to take necessary steps to counter coronavirus impact. Financial shares suffer heavy losses as Treasury bond yields extend slide. Real Estate and Healthcare sectors post modest gains. Although the upbeat performance of major global equity indexes provided a boost to US stock index futures earlier in the day, Wall Street's main indexes opened the day in the negative territory as the G7 statement failed to mention a coordinated monetary policy action. G7 statement weighs on US stocks As of writing, both the Dow Jones Industrial Average and the S&P 500 were down 0.55% on the day while… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.