US stocks scored moderate gains Monday, extending Friday's sharp rally on hopes that the European Central Bank may soon take action to relieve the eurozone sovereign debt crisis.
The Dow Jones Industrial Average closed at 13,117.51, up 21.34 points, or 0.16 per cent.
The tech-rich Nasdaq rose 22.01 (0.74 per cent) to 2,989.91, while the S&P 500, a broad measure of the markets, climbed 3.24 (0.23 per cent) to 1,394.23.
Wall Street stocks started off the week on a positive note "amid growing optimism that the European Central Bank may be set to restart its sovereign debt purchases," said Charles Schwab & Co. analysts.
Malaysian Inflation Rises To 1.8% In May
Malaysia's consumer price inflation increased in May, data released by the Department of Statistics showed Wednesday. Economists had forecast inflation to stay unchanged.
Inflation as pe
U.K. Stocks Are Little Changed Before Fed Statement
U.K. stocks were little changed, erasing earlier losses, as investors awaited the outcome of a Federal Reserve policy meeting for signals about when the central bank will scale back stimulus measures
Sensex trading flat; Power, IT stocks trip
Indian markets were trading marginally in the red due to selling by funds and retail investors in select stocks owing to weak global cues.
Mawarid Finance signs MoU with Redha al Ansari Exchange
Mawarid Finance Group and UAE-based Redha Al Ansari Exchange signed yesterday (18 June) an MoU to provide the Labour Guarantees of the Ministry of Labour through the branches of Redha Al Ansari Excha