20 Apr 2014
US stocks rose most days this week with a few companies printing good earnings numbers and industrial production (IP) rose more than forecast in March. Also, Janet Yellen, Chair of the US Federal Reserve, said they will continue to support the US economy as it recovers. As part of the Fed’s announcement they said the US economy continues to expand in most regions and many companies were benefiting from not having the bad winter related weather. As predicted, China’s economic performance fell to its slowest pace in over 18 months but at a pace faster than forecast. Europe was also included in this week’s equity market rally with many European bourses rising.