Economics

Stocks Edge Higher on Trade Optimism, ECB Stimulus: Markets Wrap

  • S&P 500 Index closes within 0.5% of its all-time high
  • European Central Bank cuts rate, restarts quantitative easing
Mario Draghi says the ECB will maintain a highly accommodative stance for a prolonged period of time.Source: (Bloomberg)
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Stocks eked out a gain on optimism about the outlook for a trade agreement between the U.S. and China and after Europe’s central bank announced a fresh round of stimulus.