Stock Up On The Back Of The Fed Report
September 19, 2014 12:05 pmVideo
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September 18, 2014 – Stocks News
Japanese stocks rose as the Yen continued declining reaching 108.8 against USD, the weakest rate since August 2008. The Nikkei added 1.13%. In india Tata Motors showed little movement despite analysts bullish trade.
European stocks rose for the second day as the Fed announced they don’t intend to increase interest rates anytime soon. Siemens AG dropped 0.95% as BNP Paribas changed their rating from Outperform to Neutral. Fiat lost 0.44%. Vodafone Group PLC is up 1.43% after enjoying an increased stock rating and signaling plans to acquire Neotel Pty Ltd. in order to speed up the introduction of high-speed fiber optic cable in south-africa. Lloyds Banking Group PLC added 1.11% after showing an increase in the stock rating from Neutral to Overweight by HSBC.
U.S. continued on the bullish trend today as well after yesterday stocks rose on positive optimism from the Fed and today’s positive Jobless claims was better than expected. SanDisk Corp continued rising for the third day additional 2.5%. Twitter is up 1.38% and General Motors Company advanced 1.03%
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