U.S. stocks resumed on Thursday as a step further monetary stimulus joy of Japan overcame the resistance that comes as applications for U.S. unemployment rose to a maximum of four months.
"In the global sense, do not fight the Fed," said Tim Leach, chief investment officer of private client reserve U.S. Wealth Management Bank, referring to Bank announced aggressive easing measures, in Japan, that comes along with similar measures by the central banks of the United States and Europe.
The Dow Jones Industrial Average Dow Jones 0.38% rose 55.76 points, or 0.4%, to 14606.11. The S & P 500 0.40% SPX rose 6.29 points, or 0.4%, to 1559.98. The Nasdaq Composite COMP 0.20% gained 6.38 points, or 0.2%, to 3224.98.
.jpg)
.jpg)
