US Stock Markets

US stocks extended their rally to hit all-time highs - Standard Chartered Securities



Posted On : 2013-07-18 22:22:36( TIMEZONE : IST )

US stocks extended their rally to hit all-time highs - Standard Chartered Securities

US stocks extended their rally with major U.S. indexes hitting all-time highs as the Federal Reserve again reassured investors that it was flexible on the timing for ending its stimulus program.

European stocks scaled six-week highs with banks rallying after the European Central Bank eased collateral rules, and with strong sales boosting the media and luxury sectors.

Asian shares inched up to a near five-week high after Federal Reserve Chairman Ben Bernanke pledged to keep monetary policy easy for the foreseeable future.

Source : Equity Bulls

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