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US stocks post first weekly gain of the year

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Córdoba) - US stocks rose sharply on Friday and posted the first weekly gain of 2016, as oil prices gained more than 9 while investors cheered up signs of further easing from the ECB and the BoJ.

    The DJIA gained 211 points, or 1.33%, at 16,093. The S&P added 38 points, or 2.03%, to end at 1,906. The Nasdaq climbed 119 points, or 2.66%, to 4,591.

    For the week, the Dow rose 0.7%, the S&P advanced 1.4% and the Nasdaq Composite gained 2.3%.
    For more information, read our latest forex news.
     

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