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22 Jan 2015
US stocks close at session highs after ECB QE
FXStreet (San Francisco) - Worldwide investors celebrated the Mario Draghi's announcement of launching the first ever QE in the ECB €60 BNL that are called to help the Eurozone to improve its economy.
US stocks extended gains for the fourth session as all sectors finished Thursday up for the day. Consumer discretionary led the market with a +2.96% rally; followed by Financials, +1.88% and Industrials +1.72%.
The Dow Jones posted triple digit gain of 259 points or 1.48% to 17,813.98; the S&P 500 jumped above the 2,050 level to rise 1.53% to 2,063.15. The Nasdaq Composite broke above the 4,700 level to close at 4,750.40 after a 1.78% gain. Small caps in the figure of the Russell 2000 climbed 2.07% to 1,190.37.
European shares posted gains too, as the FTSE 100 rose 1.02% to 6,796.63; the CAC 40 climbed 1.52% to 4,552.80; the EURO STOXX 50 jumped 1.62% to 3,322.65 ; while the IBEX 35 advanced 1.70% to 10,510.60.
On related markets, US Treasurys declined with the 10-Y bond falling 0.13% on the day. Crude oil closed 2.54% down at $46.57; while the Gold rallied 0.78% to $1,303.80.
US stocks extended gains for the fourth session as all sectors finished Thursday up for the day. Consumer discretionary led the market with a +2.96% rally; followed by Financials, +1.88% and Industrials +1.72%.
The Dow Jones posted triple digit gain of 259 points or 1.48% to 17,813.98; the S&P 500 jumped above the 2,050 level to rise 1.53% to 2,063.15. The Nasdaq Composite broke above the 4,700 level to close at 4,750.40 after a 1.78% gain. Small caps in the figure of the Russell 2000 climbed 2.07% to 1,190.37.
European shares posted gains too, as the FTSE 100 rose 1.02% to 6,796.63; the CAC 40 climbed 1.52% to 4,552.80; the EURO STOXX 50 jumped 1.62% to 3,322.65 ; while the IBEX 35 advanced 1.70% to 10,510.60.
On related markets, US Treasurys declined with the 10-Y bond falling 0.13% on the day. Crude oil closed 2.54% down at $46.57; while the Gold rallied 0.78% to $1,303.80.