U.S. Stocks Lifted By Global Central Bank Easing
Tweet
Share
E-mail
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Meritage Homes (MTH) Reiterated at Market Outperform by Citizens: Stock up 24%
- Nvidia taps Microsoft veteran as new field operations chief
- CME Group posts record June trading volume, up 19% year-over-year
Create E-mail Alert Related Categories
Market CheckRelated Entities
Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
