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NEW YORK:US stocks opened solidly higher Monday on expectations of continued economic stimulus measures by central banks.

Five minutes into trade, the Dow Jones Industrial Average rose 53.27 (0.38 percent) to 14,053.84.

The broad-based S&P 500 increased 7.74 (0.51 percent) to 1,523.34, while the tech-rich Nasdaq Composite Index jumped 20.09 (0.64 percent) to 3,181.90.

The increases followed comments Friday by St. Louis Federal Reserve President James Bullard that the US easy-money policy would continue.

On Monday, news surfaced that Japan's prime minister plans to appoint as central bank chief Haruhiko Kuroda, the president of the Asian Development Bank, who is viewed as favoring economic stimulus measures.

Copyright AFP (Agence France-Presse), 2013


 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln