Euro Falls to 11-Year Low as ECB Expands Bond-Buying; Real Gains

The euro dropped to an 11-year low as the European Central Bank expanded its bond-buying program to include government bonds, a policy that tends to debase the currency. The euro fell 2.1 percent to $1.1368 at 3:25 p.m. in New York and touched $1.1363, the weakest level since September 2003. The last time the euro and dollar traded one for one was in 2002. The shared currency...

Gold Closes Above $1,300 After ECB Announces Stimulus Measures

Gold futures settled above $1,300 an ounce for the first time since August after the European Central Bank expanded stimulus measures, boosting demand for the metal as a store of value. Gold futures for February delivery rose 0.5 percent to settle at $1,300.70 an ounce at 1:42 p.m. on the Comex in New York. Aggregate trading was 51 percent more than the 100-day average, according to data compiled by Bloomberg. Bullion priced in euros...

Japan Stocks Head for First Weekly Gain in 2015 on ECB Stimulus

Japanese shares rose, with the Topix index heading for its first weekly gain this year, after European Central Bank President Mario Draghi expanded stimulus.The Topix advanced 1 percent to 1,403.88 as of 9:01 a.m. in Tokyo, heading for a weekly jump of 2.9 percent as all but one of its 33 industry groups rose. The Nikkei 225 Stock Average added 1.1 percent to 17,516.43, on course...

S&P 500 Erases Loss for Year on Earnings, ECB Stimulus Program

U.S. stocks rallied for a fourth day, erasing losses for the year in the Standard & Poor™s 500 Index, as the European Central Bank unveiled an expanded stimulus plan and banks and transportation companies surged amid better-than-forecast earnings. KeyCorp led gains among banks after fourth-quarter results topped analyst estimates. Southwest Airlines Co. jumped 8.4 percent...

U.S. Stocks Advance on Earnings as ECB Expands Stimulus Program

U.S. stocks rose, after a three-day rally in the Standard & Poor™s 500 Index, as regional banks and transportation companies posted better-than-forecast earnings and the European Central Bank unveiled an expanded stimulus plan. KeyCorp led gains among regional banks after fourth-quarter results topped analyst estimates. Southwest Airlines Co. jumped 6.2 percent as profit rose 71 percent on lower jet fuel prices. Union Pacific Corp....