U.S. markets hit all-time highs reversing early losses on Greek bailout hopes as on late Friday Eurozone finance ministers and Greece agreed on a draft extending the countries international bailout for additional four months. Today Greece must submit a list with planned measures and the EU will judged whether the list is sufficient or not.
The DOW JONES index added +0.86% closing above the psychologically important threshold of 18,000 points at 18,140.44 points. The S&P 500 closed +0.61% with a final quote of 2,110.30 extending a record high hit Wednesday last week.
Chinese markets are closed today for a public holiday as the Lunar New year celebrations take place.
Japanese markets rose for a third day and closed at a fresh 15-year high in today's trading on the Greek debt deal to extend its bailout for further four months. Financials were amongst the losers as investors took profits after recent gains. The index rose despite some members of the BoJ questioned the massive pace of the quantitative easing program and said that the program might have to stop before reaching the 2% inflation target. The Nikkei added 134 points, closing +0.73% with a final quote of 18,466.92 points - the highest level since 2000.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.