US stocks waited for the European Central Bank’s decision yesterday, but began to soar as the new stimulus plan was unfurled. Microsoft Corp increased 2.46%, NIKE Inc increased 2.5%, and JPMorgan Chase & Co improved 3.04%. The Dow Jones Industrial reached 17,813.98 yesterday after rising 1.48%. The S&P 500 rose 1.53% to 2,063.15, and the Nasdaq rose 1.78% to 4,750.40.
Yesterday’s European Central Bank decision was well-received by investors, and markets advanced on the news of an upcoming, extensive plan the European Central Bank has decided to enact, which involves the introduction of 1 trillion euro into circulation. While not especially volatile for any one asset, the DAX improved 1.32% to 10,435.62 on the news. French stocks were led largely by automotive and banking values as Cie Generale des Etablissements Michelin rose 3.24%, Credit Agricole SA rose 3.44%, and Renault SA rose 3.47%. The CAC 40 advanced 1.52% to 4,552.80. UK Stocks advanced with its neighboring trading partners’ including strong movements in financial stocks. 3i Group PLC rallied 3.60%, while Schroders PLC climbed 4.16%. The FTSE advanced 1.02% to 6,796.63.
The Chinese government has used its stimulus plan to advance manufacturing. Movement in the mainland was slow but Hong Kong stocks remain strong, led by greater than 5.3% increases in Cathay Pacific Airways Ltd and China Resources Enterprise Ltd. The Hang Seng, due to close soon, in currently resting at 24,796.71 after a 1.12% increase. The European Central Bank’s decision yesterday later proved beneficial to Japanese trading. Yaskawa Electric Corp advanced 5.66%, The Dai-ichi Life Insurance Co Ltd improved 5.29%, and Tokio Marine Holdings Inc rallied 5.15%. Sony Corp improved 4.85%, and the Nikkei 225 rose 1.05% to 17,511.75.
January 23, 2015 – Indices News
US stocks waited for the European Central Bank’s decision yesterday, but began to soar as the new stimulus plan was unfurled. Microsoft Corp increased 2.46%, NIKE Inc increased 2.5%, and JPMorgan Chase & Co improved 3.04%. The Dow Jones Industrial reached 17,813.98 yesterday after rising 1.48%. The S&P 500 rose 1.53% to 2,063.15, and the Nasdaq rose 1.78% to 4,750.40.
Yesterday’s European Central Bank decision was well-received by investors, and markets advanced on the news of an upcoming, extensive plan the European Central Bank has decided to enact, which involves the introduction of 1 trillion euro into circulation. While not especially volatile for any one asset, the DAX improved 1.32% to 10,435.62 on the news. French stocks were led largely by automotive and banking values as Cie Generale des Etablissements Michelin rose 3.24%, Credit Agricole SA rose 3.44%, and Renault SA rose 3.47%. The CAC 40 advanced 1.52% to 4,552.80. UK Stocks advanced with its neighboring trading partners’ including strong movements in financial stocks. 3i Group PLC rallied 3.60%, while Schroders PLC climbed 4.16%. The FTSE advanced 1.02% to 6,796.63.
The Chinese government has used its stimulus plan to advance manufacturing. Movement in the mainland was slow but Hong Kong stocks remain strong, led by greater than 5.3% increases in Cathay Pacific Airways Ltd and China Resources Enterprise Ltd. The Hang Seng, due to close soon, in currently resting at 24,796.71 after a 1.12% increase. The European Central Bank’s decision yesterday later proved beneficial to Japanese trading. Yaskawa Electric Corp advanced 5.66%, The Dai-ichi Life Insurance Co Ltd improved 5.29%, and Tokio Marine Holdings Inc rallied 5.15%. Sony Corp improved 4.85%, and the Nikkei 225 rose 1.05% to 17,511.75.
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