Stocks extended gains on Thursday, with the S&P 500 hitting its highest level since May 2008 on positive economic data and the European Central Bank’s agreement to launch a new and potentially unlimited bond-buying program. The Dow Jones industrial average .DJI gained 217.45 points, or 1.67 percent, to 13,264.93. The […]
Tag: European Central Bank
Asian shares rise on ECB hopes despite uncertainty
Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets — from the euro to […]
