U.S. stocks rose at the open on Friday as markets rallied globally after the Bank of Japan significantly ramped up its stimulus program just days after the Federal Reserve wound down its own package of U.S. economic incentives.
The Dow Jones industrial average .DJI rose 152.26 points, or 0.89 percent, to 17,347.68, the S&P 500 .SPX gained 18.49 points, or 0.93 percent, to 2,013.14 and the Nasdaq Composite .IXIC added 62.11 points, or 1.36 percent, to 4,628.25.
The Dow set a record intraday high.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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