Monexnews-the majority of stocks on Wall Street began Friday's trading higher following positive economic data from Europe. Comment one of the officers of the US Federal Reserve, which said if loose monetary policy of the central bank will still persist for long periods of time also puts a positive sentiment in the market. However, the 3rd major u.s. indices look still stuck in line to drop in weekly.
Dow Jones Industrial Average rose observed more than 30 points, led shares of Hewlett Packard. Similarly with S&P 500 and the Nasdaq Composite, which each recorded a rise of 0.3% and 0.25%.
From Germany, the Ifo business climate index scored the biggest rise since July 2010 in February, indicating the potential for the biggest European economy to rebound after slipping in the 4th quarter.
In an interview, President of the St. Louis Federal Reserve James Bullard said the Fed would still be maintaining commitment measures an aggressive easing, including purchases of $ 85 billion in Treasury bonds per month.
While U.s. President Barack Obama on Friday is scheduled to make a meeting with the PRIME MINISTER of Japan Shinzo Abe in Washington. A number of forecast circles if the event will be used to seek support for the Abe's monetary policy very loose Japan, which aims to lift the economy tengah slumped again. (vid)
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