Wall St opens higher on surprise BOJ stimulus
Bank of Japan significantly ramped up its stimulus program just days after the Federal Reserve wound down its own package
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US stocks rose at the open on Friday as markets rallied globally after the Bank of Japan significantly ramped up its stimulus program just days after the Federal Reserve wound down its own package of U.S. economic incentives.
The Dow Jones industrial average rose 152.26 points, or 0.89 percent, to 17,347.68, the S&P 500 gained 18.49 points, or 0.93 percent, to 2,013.14 and the Nasdaq Composite added 62.11 points, or 1.36 percent, to 4,628.25.
The Dow set a record intraday high.
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First Published: Oct 31 2014 | 7:17 PM IST