US equities rallied on Fed stimulus

Note: This section contains information in English only.
Source: Dukascopy Bank SA
US stocks surged on Thursday after the Fed announced a fresh round of QE in form of buying mortgage-backed securities. The Fed will inject USD40 billion in the economy each month until situation in the labour market improves significantly. Meanwhile, market participants also awaited US CPI data and retail sales figures due on Friday. The S&P 500 Index soared 1.63% to close at the highest level since December 2007 of 1,459.99. All sectors within the index posted sharp gains. The top-performers were basic materials and financials. Cliffs Natural Resources, Newmont Mining and Vulcan Materials skyrocketed 6.30%, 5.50% and 1.08%, respectively. Among financials, BB&T, Comerica and KeyCorp advanced by 2.31%, 2.89% and 0.89%, respectively. Pall Corp. jumped 7.96% after posting a net profit that beat the Wall Street forecasts. Apple extended previous gains after the company presented its new iPhone on Wednesday.

 

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.