Markets were higher at midday after a better than expected result for first quarter Chinese GDP while U.S. economic data on housing starts and industrial production was mixed.
Stock futures are pointing higher Wednesday after better-than-expected Chinese growth.
The appeal of higher returns through peer-to-peer lending than traditional fixed income has been heightened by a long horizon of low interest rates and an aging equity bull market.
Markets closed higher after strong earnings for Coca-Cola and Johnson & Johnson, though unrest continued in Ukraine and concerns are rising on the outlook for Chinese economic growth.
Markets were lower close to midday as the tech sell-off continued and April home builder sentiment came in lower than expected. The Nasdaq was shedding more than 1% while the Dow and S&P were also lower.
Stock futures are rising Tuesday as solid earnings from companies such as Coca-Cola offset concern around a slowdown in Chinese economic growth.
Patrick Legland of Societe Generale has called for the need of a specific type of QE to help European growth, arguing it cannot be compared to the Federal Reserve's stimulus program.
Rolf Strauch of the European Stability Mechanism - a key vehicle to prop up indebted European nations - says the ESM will stick to its liquidity mandate and is not a development bank mechanism.
Markets closed higher, buoyed by the best growth in US retail sales data in the past 1.5 years and better than expected earnings from Citigroup.
Citigroup reported net income for the first quarter of $3.9 billion, or $1.23 a share, beating expectations for $1.14 a share, while U.S. retail sales increased 1.1% in March to $433.9 billion.