US equities calm post ECB bazooka

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The stock markets in the US are clam as opposed to wild swings in Euro after the ECB fired on all fronts.

    At the time of writing, the Dow Jones Industrial Average (DJIA) was up 0.40% or 63 points. The S&P 500 index was up 0.40% or 8 points. The tech heavy Nasdaq was up 0.50%.

    Among the DJIA stocks, Goldman Sachs was up 1.87%, followed by a 1.2% rise in UnitedHealth shares. The losing side included names like United Technologies. , Exonn Mobil, Microsoft.

    Stock futures are ripped higher following ECB’s announcement. However, EUR recovered after Draghi played down the need to cut rates further. Hence, indices had a calmer start.
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