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25.11.2014 08:00

Global Stocks: Dow Jones and S&P500 continued to rally – closing on fresh record highs

The DOW Jones and S&P 500 were trading higher again in Monday's trading session. The DOW Jones closed at 17,817.90, adding a small plus of +0.04%, the S&P500 was up by +0.29% closing at 2,069.41 points, both extending record closings on signs that U.S. economy is recovering, Mario Draghi's pledge to raise inflation as fast as possible and People's Bank of China's unexpected cut in benchmark interest rates. Markets are anticipating data on U.S. economic growth and consumer confidence published today.

Hong Kong's Hang Seng is trading -0.31% at 23,817.97. China's Shanghai Composite closed at 2,567.60 points, a gain of +1.37%.

Japan's Nikkei, after being closed on Monday for a public holiday, added 0.29% closing higher at 17,407.62 points catching up with the rest of the region.

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