U.S. Stocks Open Higher

January 15th, 2014
in Gary's blogging, market open

Written by

Opening Market Commentary For 1-15-2014

Gary is off today, and the opening market commentary comes from our syndication partner Investing.com/

U.S. stocks opened higher on Wednesday, supported by the release of strong U.S. economic reports and after the World Bank raised its global growth forecast.

Follow up:

During early U.S. trade, the Dow Jones Industrial Average added 0.26%, the S&P 500 index 0.32%, while the Nasdaq Composite index gained 0.56%. Producer price inflation in the U.S. rose 0.4% last month, the biggest increase since June, recovering from a 0.1% decline in November and was 1.2% higher from a year earlier.

European stocks remained higher on Wednesday, after the World Bank raised its global growth forecast and as Tuesday's upbeat U.S. and euro zone data broadly continued to support equity markets. European stocks hold gains on World Bank forecast; Dax jumps 1.24%European stocks remain higher on World Bank report During European afternoon trade, the EURO STOXX 50 advanced 0.76%, France’s CAC 40 climbed 0.64%, while Germany’s DAX 30 jumped 1.24%. Equities strengthened after the World Bank increased its global growth forecasts, predicting the world economy will expand 3.2% this year, compared to a previous projection of 3% and up from 2.4% in 2013.

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Written by Gary


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