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Wall Street spikes on ECB new measures talks

By FXstreet.com,  July 27, 2012, 04:23:00 PM EDT

FXstreet.com (San Francisco) - Stoks markets in United States have rising Friday on the back of rumours about the ECB heading toward new measures as central bank president Mario Draghi is supposed to hold meeting with Jens Weidmann, Bundesbank president to discuss about Bond purchases, Rate Cut, and new LTRO.

The Dow Jones rises 202.30 points, or 1.57%, to jumps above 13,000 level to 13,090.23. The S&P 500 gained 27.80 pts, or 2.04% to 1,387.82, and the Nasdaq composite advanced 64.54%, or 2.23% to the 2,957.79 level.




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, Forex and Currencies

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