share prices rally at lagarde s nomination as ecb president /

Published at 2019-07-03 22:12:36

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Move reinforces expectations of fresh stimulus package for ailing eurozone economyThe prospect of a fresh stimulus package to support the ailing eurozone economy when Christine Lagarde takes up the reins as boss of the currency bloc’s central bank sent shares higher across Europe and the US on Wednesday.
The FTSE 100 closed up 0.7% at 7609 points after starting the week at 7497, while the modern York S&P 500 sailed to another record tall and moved closer to the 3000 mark.
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Source: theguardian.com

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