Global stocks charmed by central banks as oil jumps, bonds fall

US stocks added to a global rally in equities, with the Standard & Poor's 500 Index heading for the first weekly gain this year, on speculation that central banks will expand stimulus measures to counter turmoil in financial markets. Oil surged with emerging-market currencies, while haven assets retreated.     Indian stock market astrology prediction
The S&P 500 rose a second day after falling to a 21-month low. The Dow Jones Industrial Average's gain lagged, as disappointing results dragged down American Express and General Electric European shares enjoyed the biggest two-day rally since 2011, while the euro approached a two-week low on the European Central Bank's signal that it may bolster economic support as soon as March. Asian stocks climbed the most since September on speculation Japan and China may also take steps to calm markets. Crude was poised for its steepest two-day rally in five months.

The turnaround in sentiment came amid signs central banks may be prepared to act after $7.8 trillion was erased from the value of global equities this year on China's slowdown and oil's crash. Diminished inflation expectations and a strengthening yen are seen as increasing pressure on the Bank of Japan to enlarge stimulus at its meeting next week. China will keep intervening in its equity market to "look after" investors and has no intention of further devaluing the yuan, Vice President Li Yuanchao said.     Jackpot Stocks Trading Tips

"It's a classic oversold bounce after Draghi's comments yesterday and the noise on Japanese stimulus overnight, the question is where do we go from here," said Veronika Pechlaner, who helps oversee $10 billion at Ashburton Investments, part of FirstRand Group. "It's become harder and harder for stimulus to really support the economic fundamentals so it doesn't mean a medium- and long-term change,    Sensex Astrology 
The S&P 500 jumped 1.3 percent at 12 p.m. in New York, erasing its loss for the week. The gauge pared its drop in 2016 to 7 percent, and it remains 11 percent below its all-time high set in May. The Dow Jones Industrial Average climbed 0.7 percent, with gains tempered by the biggest one-day slide in American Express since 2009.  Financial Astrology

"It looks like central banks are on the warpath against weakness," said Andrew Brenner, head ofinternational fixed income for National Alliance Capital Markets in New York. "That's going to put a real risk-on component to today. You've seen enough volatility in the last six months that it's hard to determine if we're going to close up.   Commodity Market Astrology Tips