US stocks pushed higher Thursday amid speculation of more stimulus from the Federal Reserve after another batch of poor data releases.
Rumours of central bank coordination to head off contagion in the markets took stocks through a roller coaster late in the day, as Greece's weekend election and next week's crucial G20 summit kept investors on edge.
The Dow Jones Industrial Average finished up 155.53 points, or 1.24 per cent, at 12,651.91.
The S&P 500-stock index advanced 14.22 (1.08 per cent) to 1,329.10, while the tech-heavy Nasdaq Composite added 17.72 (0.63 per cent) to 2,836.33.
NBAD Issues $465m convertible bonds
The National Bank of Abu Dhabi (NBAD) has issued $465m senior unsecured convertible bonds, convertible into ordinary shares of NBAD.
The offering, due in 2018, was increased from an initial
Rupee ends weaker on dollar buying
The rupee closed lower at 55.64 against the dollar as risk-averse investors took to buying more dollars, even as uncertainty prevailed over the US Fed’s decision to continue with the fiscal stimulus
STOCKS NEWS SINGAPORE-Index falls, tracking Asian peers
Singapore shares fell on Thursday from their five-year high in the previous session, with transport operator ComfortDelGro Corp Ltd leading a broad-based decline in the index.