GLOBAL MARKETS-Stocks rise on US stimulus bet


The Dow Jones Industrial Average rose 289.93 points, or 1.05%, to 27,976.84, the S&P 500 gained 46.66 points, or 1.40%, to 3,380.35 and the Nasdaq Composite added 229.42 points, or 2.13%, to 11,012.24.

NEW YORK: Global stocks rose on Wednesday, ending at their highest since February as investors kept betting on more stimulus in the United States despite doubts, while gold was whipsawed and silver clawed back from a massive drop.

The euro strengthened versus the greenback and the dollar index gave back some recent gains, barely changed mid-way this week following seven consecutive weekly declines.

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