(01 MAY 2020)DAILY MARKET BRIEF 1:Equities down on dire economic data.

<p>Donald Trump’s USA continues devoting all necessary monetary and fiscal measures to help the economy fight the coronavirus-led economic slowdown. The Federal Reserve (Fed) announced to expand its Main Street Lending Program yesterday so that more small and medium sized businesses could access affordable credit. Meanwhile House Speaker Nancy Pelosi announced that the next fiscal aid package could be near $1 trillion.</p>
<p>Major US indices closed their best month in three decades on a negative note, although the announcement of more monetary and fiscal stimuli helped reversing a part of the earlier decline. Nasdaq recorded timid losses only, before Amazon and Apple reported earnings.</p>