Thursday Morning Cheat Sheet: 3 Stories Moving Markets
Markets advanced around the world Thursday on news that the U.S. Federal Reserve would not yet taper asset purchases. In Japan, the Nikkei climbed 1.8 percent to 14,766.18, and the yen tumbled to 99.885 against the dollar. In Hong Kong, the Hang Seng climbed 1.67 percent to 23,502.51, and in Shanghai, the Composite climbed 0.29 percent to 2,191.85. In India, the Mumbai Sensex climbed 3.43 percent to 20,646.64. In Australia, the ASX All Ordinaries climbed 1.11 percent to 5,288.60.
European markets also advanced in midday trading. In London, the FTSE 100 was up 1.38 percent. In Germany, the Dax was up 1.02 percent, and in France the, CAC 40 was up 0.96 percent. The Euronext 100 index was up 0.91 percent, and the euro fell to $0.7383 against the dollar.
U.S. futures at 8:35 a.m.: DJIA: +0.17%, S&P 500: +0.29%, NASDAQ: +0.29%.
Here are three stories to keep an eye on.