EU, China, US unleash global assault on crisis

The video discusses the intense global financial crisis, highlighting Europe's €200 billion fiscal stimulus aimed at the car industry. Despite these efforts, economic risks are materializing, and the financial crisis persists. The European stimulus represents 1.5% of the EU GDP, but questions remain about its sufficiency. Financial markets have reacted negatively, and confidence is not easily restored, even with the US Treasury's $800 billion pledge.

What was the reaction of financial markets to the stimulus package?

What does the text suggest about the return of confidence in financial markets?