The Traderszone Network

Published in TZ Latest News 31 October, 2014 by The TZ Newswire Staff

Stocks Extend Gains After Bank of Japan Surprise Move

Stocks extended their gains going into the lunch hour Friday. Major indexes came out of the blocks at full sprint, thanks to an unexpected overnight announcement by the Bank of Japan to increase asset purchases to shore up the country’s sagging growth. The Nasdaq gapped up and was trading 1.4% higher a little over two hours into the session. The S&P 500 and the Dow Jones industrial average gained 1.1%.

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