Global Finances Turn Up the Volume
Good news in Asia and Europe boosted markets all over. Happy Friday, indeed. China’s central bank slashed interest rates, and the European Central Bank’s president said his firm was ready to enlarge the stimulus program. The moves mean that finance movers and shakers are willing to do whatever they need to support economies, and investors around the world responded in kind. The Down and S&P 500 hit new records, headed toward a possible fifth straight week of gains.