Global Markets Overview - 09/17/2012

By International Business Times,  September 16, 2012, 09:02:44 PM EDT

U.S. STOCKS, BONDS

Energy and materials shares led U.S. stocks higher Friday, as the Federal Reserve's bond-buying plan continued to bring out buyers, overshadowing muted retail sales and industrial production data. The Dow Jones Industrial Average rose 53.51 points, or 0.4%, to 13593.37, its fourth-straight daily gain.

The blue-chip barometer pared earlier gains after being up as much as 113 points, but reached another multiyear closing high, with investors inspired by the Federal Reserve's additional economic stimulus announced Thursday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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