Stocks Climb on China Data, J.C. Penney CEO Speculation
European markets gained on Thursday. The FTSE 100 in London increased 0.28%, and the DAX in Frankfurt added 0.7%.
Asian markets closed mixed overnight. Japan's Nikkei average closed lower by 1.59% at 13,606, despite the Bank of Japan's decision to leave its key interest rate unchanged and to continue the pace of its bond-buying program. Hong Kong's Hang Seng climbed 0.31% to 21,656.
The benchmark 10-year was up 7/32, diluting the yield to 2.59%. The dollar was dropping 0.36%, according to the U.S. dollar index.
-- Written by Joe Deaux in New York.>Contact by Email. Follow @JoeDeaux
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