ECB Draghi ignites QE buying memories
The US stocks are ending the day up sharply. ECB's Draghi pro-QE comments and better US data helped to propel the European and US stock indices to healthy gains on the day.
In the US, the S& P rose by 1.66% to 2052.51. The Nasdaq Composite added 1.65% and the Dow industrial average rose by 1.87%.
European indices were up more with the German Dax adding 2.48% and the Euro Stoxx gaining 2.47%. The UK FTSE lagged with a 0.44% gain.
Gold fell a modest -0.1%.
2 year yields fell to 0.5945 or 2.4 BP
5 year yields fell to 1.3454 or 1 BP
10 year yields fell to 2.0210 or 1 BP
