U.S. Stocks Lifted By Global Central Bank Easing
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U.S. stocks moved higher following easing news from both the Bank of England and the People's Bank of China.
The Bank of England's left rates unchanged at 0.5%, but boosted their asset purchase plan by by 50 billion pounds.
The People's Bank of China cut one-year benchmark deposit rates by 0.25 percentage points, and the benchmark lending interest rate by 0.31 percentage points.
S&P 500 futures last traded up 3 points to 1371.
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The Bank of England's left rates unchanged at 0.5%, but boosted their asset purchase plan by by 50 billion pounds.
The People's Bank of China cut one-year benchmark deposit rates by 0.25 percentage points, and the benchmark lending interest rate by 0.31 percentage points.
S&P 500 futures last traded up 3 points to 1371.
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