After 4 down weeks, the best week for stocks in over a year

The central banks of the world have been doing their part to support stock prices, mostly by means of buying bonds and injecting liquidity into markets. This past week, stock prices were boosted by speculation that the European Central Bank will begin buying corporate bonds sometime early in 2015, speculation that sent stock prices higher by roughly 2% in Europe on Tuesday – and also contributed to the best week for the U.S. stock market averages since early 2013.
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U.S. stocks surrender portion of recent gains on Wednesday

The three-day rally off last week’s lows in stock prices ran out of steam on Wednesday. The Dow Jones Industrial Average lost roughly 150 points today, almost 100 of them in the final hour of trading. Down 4.5% despite reporting strong sales and earnings for the third quarter and raising its full-year profit guidance, Boeing alone lopped 36 points off the DJIA Wednesday.
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