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Reply #3


Response to Tansy_Gold (Original post)

Fri Nov 22, 2013, 06:30 AM

3. WORLD STOCKS PUSHED HIGHER BY NEW DOW HIGH

http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-11-22-05-55-08

BANGKOK (AP) -- The Dow's first close above 16,000 pushed most world stocks higher Friday but gains were kept in check by worries the Federal Reserve will cut its monetary stimulus soon.

Asian and European markets were roiled earlier this week by Fed minutes suggesting the U.S. central bank will start reducing its $85 billion of monthly bond purchases in coming months.

The super-easy monetary has kept interest rates low to support economic recovery in the U.S. but also propelled money into higher yielding stocks. Frequent shifts in expectations about when the stimulus will be withdrawn have sparked gyrations in markets, up and down.

Stan Shamu, market strategist at IG in Melbourne, Australia said the "buoyant" performance of U.S. markets encouraged investors back into stocks even as the Fed guessing game remains on the radar.

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Tansy_Gold Nov 2013 OP
mrdmk Nov 2013 #1
Ghost Dog Nov 2013 #2
LineReply WORLD STOCKS PUSHED HIGHER BY NEW DOW HIGH
xchrom Nov 2013 #3
xchrom Nov 2013 #4
xchrom Nov 2013 #5
xchrom Nov 2013 #6
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antigop Nov 2013 #24
Demeter Nov 2013 #28
antigop Nov 2013 #30
Ghost Dog Nov 2013 #8
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Demeter Nov 2013 #11
xchrom Nov 2013 #12
Demeter Nov 2013 #13
xchrom Nov 2013 #14
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Demeter Nov 2013 #29
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DemReadingDU Nov 2013 #21
Demeter Nov 2013 #31
xchrom Nov 2013 #20
Fuddnik Nov 2013 #22
Demeter Nov 2013 #32
antigop Nov 2013 #23
Warpy Nov 2013 #25
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