US stocks gain for 3rd session, ahead of ECB stimulus


(MENAFN- AFP) Wall Street finished higher Wednesday for the third straight session, shrugging off global growth worries in expectation the European Central Bank will announce aggressive stimulus measures Thursday.

Strong earnings by Netflix and UnitedHealth buoyed some of the trade, while IBM shares sank on its poor fourth-quarter report.

At the close, the Dow Jones Industrial Average was up 39.24 points (0.22 percent) at 17,554.47.

The broad-based S&P 500 added 9.73 (0.48 percent) at 2,032.28, while the tech-rich Nasdaq Composite gained 12.57 (0.27 percent) at 4,667.42.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.