Sunday, January 31, 2016

Happy faces on Wall Street – Dagens Industri

Happy faces on Wall Street

                  2016-01-29 22:11

US stocks went down very strongly on Friday after several positive indicators. The fact that US growth slowed in the fourth quarter was expected, but also indicates that the US central bank will take it easy on raising interest rates, something that investors like. The Japanese central bank also surprised markets positively with the introduction of negative policy rate, which at the beginning of the trading day lifted even Europe.

Technology giant Microsoft belonged to the winners after a report was considerably better than expected. The share went up 5.8 percent.

The Dow Jones industrial index rose 2.5 percent, the Nasdaq composite index rose 2.4 percent while the S & amp; P 500 lifted 2.5 percent.


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