U.S. stocks ended higher Thursday. Mostly positive economic data is seen as a barometer of global economic FedEx raised its full-year outlook, and promote U.S. stocks.
EST at 16:00 on December 16th, the Dow Jones industrial average rose 41.78 points to close at 11,499.25 points, or 0.36%; the Nasdaq composite index rose 20.09 points to close at 2,637.31 points, or 0.77%; the S & P 500 index rose 7.64 points to close at 1,242.87 points, or 0.62%.
Industrial, consumer discretionary and financial sector led the broader market. Package delivery company FedEx (FDX), raised its full-year outlook, the promotion of industrial sector higher.
Economic data plane, today's employment market data is encouraging. Number of housing starts last month, below market expectations. U.S. third-quarter current account deficit further. Federal Reserve Bank of Philadelphia business activity index than expected.
At the same time, EU leaders meeting in Brussels two-day meeting, they will discuss how to prevent and respond to the euro zone debt crisis. European Central Bank decided to agree to pay to help control the credit risk of foreign exchange fluctuations and the scale of capital from 50 billion euros (6.6 billion) increased to 10.76 billion euros.
Asian hours on Thursday night, Standard & Poor's Ratings Services raised its long-term sovereign credit rating of China on the grounds that China's financial situation and growth prospects have improved. Reported to 1.3202 euro against the dollar.
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