Dow stocks closed higher on Thursday (21 November) by the Dow and - TopicsExpress



          

Dow stocks closed higher on Thursday (21 November) by the Dow and S & P 500 continues to make a record close at record levels. After, central banks around the world are moving to stimulate the domestic economy. Dow Jones industrial average rose 91.06 points, or 0.51%, to close at 17,810.06 points. S & P 500 index increased 10.75 points or 0.52% to close at 2063.50 points. WTI closed higher on Thursday (21 November), after China cut interest rates to stimulate the economy. This sparked hope that demand for oil from China which is the nations second-largest oil consumer in the world. Increases WTI crude for January delivery increased 66 cents, or 0.9%, to close at 76.51 US dollars / barrel. Which is the highest closing level since November 12 and allow the market NYMEX crude rose 0.9% this week, which is up to the first week since September. Gold futures market rebounded in New York last night (November 21) after the central bank surprised the market with the first rate cut in more than two years. While the European Central Bank stressed the urgent need to increase the rate of inflation. The movement of the two major central bank has urged investors to buy gold.
Posted on: Mon, 24 Nov 2014 02:54:55 +0000

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