Tag: Central
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Stocks Extend Gains to Four
U.S. stocks ended higher for the fourth session Thursday, pumped from the start after the European Central Bank unveiled a coordinated dollar-liquidity program with other central banks. The Dow Jones Industrial Average ended up 186.45 points, or 1.66%, at 11,433.18. The S&P 500 gained 20.43 points, or 1.72%, to 1,209.11. The Nasdaq Composite ended up…
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Stocks Rise as European Central Bank Move
U.S. stocks opened strongly higher on Thursday after the European Central Bank said it was coordinating with the Federal Reserve and other central banks. The ECB news helped offset disappointing U.S. economic data. The Dow Jones Industrial Average lately added 111.11 points to 11,357.84. The Standard & Poor’s 500 Index rose 10.63 points to 1,199.31.…