The Traderszone Network

Published in TZ Latest News 21 January, 2015 by The TZ Newswire Staff

Stocks rise on ECB QE hopes, but IBM caps gains

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks edged up in a choppy Wednesday session as traders digested reports that new stimulus would be announced by the European Central Bank at its Thursday meeting, while declines in IBM and Microsoft also limited the gains. Market participants have been looking for more aggressive measures from central banks, specifically the ECB, to combat the risk of deflation and a weakening euro zone economy.

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