Stock Markets and Economies Strengthen on Central Bank Remarks and New Data
- Barron's is providing live coverage of strong stock market performance in the U.S. and abroad following remarks from central bankers as well as the release of revised GDP numbers showing solid economic growth.
- Central bankers from the Fed, ECB and BoE joined in signalling higher interest rates ahead to curb inflation which boosted investor sentiment.
- Revised U.S. GDP numbers and lower jobless claims pointed to sustained economic growth and a strong labor market.
- The Swedish krona fell to its lowest level against the euro since 2009 after Sweden's central bank raised interest rates.
- U.S. stock futures rose, pushing major indexes higher, led by gains in bank stocks after Fed stress tests
Barron's 
