Friday, November 21, 2014

China and Europe lifted Wall Street – Swedish Dagbladet

China and Europe lifted Wall Street – Swedish Dagbladet

On Friday, it was mainly the outside world that kept the American courses under the arms. An unexpected interest rate cut in China, where the central bank wants to boost the economy, contributed to the optimism. It also made a speech by the head of the European Central Bank, Mario Draghi, where he admittedly warned of low inflation but also opened the way for increased stimulus.

The Dow Jones industrial index rose 0.5 percent, while the Nasdaq composite index rose 0 , 2 percent.

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