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Dow Spikes 150 Points as Central Banks Pump Easy Monetary Policy

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By CCN Markets: The Dow and broader U.S. stock market opened sharply higher on Tuesday after European Central Bank (ECB) officials signaled that a new round of stimulus was on the horizon. Dow Surges After Open All of Wall Street’s major indexes opened higher on Tuesday, reflecting a strong pre-market fro Dow futures. The Dow Jones Industrial Average surged 152.64 points, or 0.6%, to 26,265.17. The broad S&P 500 Index of large-cap stocks advanced 0.6% to 2,908.03. Gains were primarily concentrated in communication services, energy and health care stocks. On the opposite side of the ledger, financials and materials opened

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* First published on ccn.com

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