The Traderszone Network

Published in TZ Latest News 15 April, 2015 by The TZ Newswire Staff

Euro Slides as Draghi Stays QE Course

U.S. stocks rose as Intel Corp. rallied on earnings, while Treasuries gained after a drop in manufacturing bolstered the case for continued stimulus. The Standard & Poor’s 500 Index added 0.5 percent at 1:03 p.m. in New York, climbing within 0.5 percent of its all-time high. The Stoxx Europe 600 Index rose 0.6 percent to a record. The yield on 10-year Treasury notes fell a fourth day, while similar-maturity German bunds set a record-low yield as Mario Draghi signaled he will stay the course with his bond-buying program.