Wall Street Continues Rally as Dow Surges 1% (News: 23/02/16)

Posted On 23 Feb 2016

By : Alpari

Comment: 0

Tag: Nasdaq, SP 500

Today’s Press

Wall Street continues rally as Dow surges 1%

U.S. stocks continued to rally on Monday after having tallied their best week since last November as a rebound in crude fueled market sentiment and investors concentrated on the concern over the possible exit of Britain from the European Union in a relatively light calendar day.
US to push for greater fiscal spending at G20 meet

United States will call on G20 countries this week to use fiscal policy in order to boost global demand, a senior US Treasury official has said.
Fall in business morale deepens concern about German economy

Sentiment among German manufacturers plunged by its largest amount since the bankruptcy of Lehman Brothers in 2008, a leading survey showed on Tuesday, deepening concerns about the health of Europe’s largest economy.

Next Trading Day’s Important Events

17:45 (GMT+3) Markit US PMI

Forex Quotes:

USDJPY: 112.07
EURUSD: 1.1008

Indices:

S&P 500: 1,945.50
NASDAQ : 4,570.6

Source:: Wall Street Continues Rally as Dow Surges 1% (News: 23/02/16)

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