Market week: October 26, 2015

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Old 10-27-2015, 03:47 AM
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Default Market week: October 26, 2015

As of market close October 23, 2015 – Equities finished last week on a high note following a strong finish in the technology sector, while China cut interest rates once again in an attempt to spur its waning economy. The European Central Bank hinted that it could scale up its bond-buying stimulus program, further boosting stock markets around the globe. Each of the indexes listed here improved by last week’s end with the large cap-Dow rising over 430 points for an increase of 2.50%, while the S&P 500 improved over 40 points, gaining a little over 2%. Bond prices fell as the 10-year Treasury yield rose about 5 basis points.

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