Markets Subdued Overnight, Awaited ECB Meeting, Draghi Press Conference
December 08, 2016 at 07:41 AM EST
World stock markets were mostly higher in quieter overnight trading, following Wall Street's solid gains on Wednesday that produced record highs in the Dow Jones Industrial Average and the S&P 500 indexes. Asian shares were supported in part by the appointment of Iowa Governor Terry Branstad as ambassador to China. Chinese officials called Branstad "an old friend." U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins. Traders and investors were awaiting the results of Thursday's regular meeting of the European Central Bank. To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Markets Subdued Overnight, Awaited ECB Meeting, Draghi Press Conference appeared first on Money Morning - We Make Investing Profitable .