Europe Moves to Bolster Economy; Stocks Soar

A key U.S. stock index, the S&P 500, soared to the highest level since the Great Recession began four years ago, after the European Central Bank moved to bolster the continent’s troubled economies Thursday.  Spanish stocks gained nearly five percent, while French and German shares gained around three percent.

European Central Bank President Mario Draghi said policy makers agreed to a major bond-buying program which is designed to cut interest rates and encourage economic … [Read More]

—–
Source: VOA News: Economy and Finance


« Previous Post
Next Post »
 

Comments are closed. Please check back later.

 
 
 
1