• Global Stocks: U.S. and Asian indices continued to rally

Market news

24 November 2014

Global Stocks: U.S. and Asian indices continued to rally

The DOW Jones and S&P 500 were trading higher in Friday's trading session after China's cut in interest rates and hints from the ECB to further support growth and fight disinflation. The DOW Jones closed at 17,810.06, a plus of +0.51%, the S&P500 edged up by +0.52% closing at 2,063.50 points.

Hong Kong's Hang Seng trading +1.95% at 23,895.01 and China's Shanghai Composite closing at 2,533.89 points, a gain of 1.89% rallied after U.S. indices reached a new record and the Peoples Bank of China's unexpected benchmark interest rate cut.

Japan's Nikkei was closed for a public holiday.

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