Wall Street surges on ECB moves

ECB liquidity measures, rate cuts help drive US stocks to new closing records.

US stocks have climbed to never-before-seen levels after the European Central Bank delivered fresh stimulus to the flagging eurozone economy and moved one key interest rate into negative territory for the first time.

At the closing bell, the Dow Jones Industrial Average surged 95.87 points, or 0.57%, to 16,833.40.


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