The Wednesday rally in U.S. stocks continued its upward trend yesterday. World Bank to raise global growth forecasts. The Fed's beige book says the U.S. economy is moderately growing. Bank of America is showing strong earnings, leading banks to rally. The Chinese concept stocks rose by a majority in Wednesday and the financial sector rose 18.68%.
US-East Time January 15 16:00 (Beijing time January 16 05:00), the Dow Jones industrial average rose 108.08 points, closed at 16,481.94, or 0.66%; the standard and poor 500 index rose 9.5, or 1,848, to 38.0.52% The Nasdaq composite index rose 31.87 points and closed at 4,214.88, or 0.76%.
China's concept stocks rose in Wednesday, 6 shares rose more than 10%, the financial sector rose 18.68%, auto Rose 14.68%, 500 lottery net Rose 12.67%, the Net Qin rose 12.28%, China Hand tour rose 10.47%, is guaranteed distance education rose 10.02%, 4 stocks fell more than 2%, Air U.S. media fell 3.61%, easy to live in China fell 2.98%, Rice fell 2.97%, the German software fell 2.25%.