The next ceasefire in Ukraine also calmed investors’ nerves, although everyone is aware that it is a fragile agreement. The settlement also affected oil prices, which rose during the day. A futures contract Brent crude rose above 4 percent.
The Swedish lowering the policy rate also gave a little echo in the big world, at least in the beginning of the trading day. Reuters noted that “the Swedish central bank’s incentive took the market by surprise.”
The Dow Jones industrial index rose 0.6 percent, while the Nasdaq composite index rose 1.2 percent.
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