Tuesday, November 21, 2017
 
 
News: Page (1) of 1 - 01/17/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Stocks close up on Europe debt sales, China growth
Stocks close higher after downgrades fail to squelch demand for European debt
By The Associated Press

Stocks are closing higher after positive signs about Europe's debt markets and China's growth eased fears of a global economic slowdown.

Debt auctions by Spain, Greece and Europe's bailout fund drew solid interest from bond investors, easing fears that recent rating downgrades would prevent them from obtaining funds and escalate the debt crisis.

The Chinese government said its economy slowed less dramatically in the fourth quarter than analysts had expected.



The Dow Jones industrial average closed up 60 points, or 0.5 percent, at 12,482. The Standard & Poor's 500 index closed up 5, or 0.4 percent, at 1,294. The Nasdaq closed up 17, or 0.6 percent, at 2,728.

About three stocks rose for every two that fell on the New York Stock Exchange. Volume was light at 3.85 billion shares.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines