Financial Markets Close

Published on September 06, 2012, 6:41 pm
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ECB President Mario Draghi said policy makers agreed to an unlimited bond purchase program in order to control interest rates and fight speculation of currency breakup.  The program, called Outright Monetary Transactions, targets government bonds with maturities between 1-3 years or that length in residual maturity. Purchases would be sterilized.

ECB to leave benchmark rate unchanged at 0.75%.

US initial jobless claims fell 12,000 last week to 365,000.

DJIA: 13,292 (+1.9%)  Highest level since December 2007
S&P500: 1,432 (+2.0%)  Highest level since January 2008
Nasdaq: 3,136 (+2.2%)
EuroStoxx: +3.4%
Nikkei: +0.01%
Hang Seng: +0.34%

WTI Crude: 94.63 (-0.65%)
Nat Gas: -1.79%
Copper: +0.70%
Corn: +0.98%

EURUSD: 1.2634 (+0.02%)
DXY Dollar Index: 81.1 (-0.15%)

U.S. 10y: 2.80% (+5bp)
German 10y: 1.56% (+8bp)
Spanish 10y: 5.99% (-38bp)
Italian 10y: 5.25% (-25bp)


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.