Market news
21.03.2016, 06:22

Global Stocks: shares rose

European stocks closed higher Friday, with an assist from further European Central Bank dovish signals. The ECB's chief economist, Peter Praet, suggested Friday that interest rates could be cut further. He also expressed openness to "helicopter money," the idea of the central bank effectively delivering money directly to the people, rather than via loans to banks or purchases of assets.

The S&P 500 and the Dow industrials rallied on Friday, buoyed by an advance in heath-care and financial stocks that helped shares notch a fifth straight week of gains. Both the S&P 500 and the Dow industrials ended in positive territory for the year, while the Dow logged six days of gains in a row-the longest winning streak since early October.

Stocks in China rose Monday after authorities signaled a loosening stance toward margin trading, the practice of using borrowed money to buy shares. Those gains came after a state-backed company called China Securities Finance Corp. published new interest rates on a range of loans that it gives to brokerages.

Based on MarketWatch materials

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location