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Wall Street Rallies on Euro Hopes

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  • Description

    FBN's Shibani Joshi breaks down mid-afternoon market news.

  • Duration 0:55
  • Date

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Fiber one.

I'm Diana Taylor -- Fox Business break the Wall Street rally continues after European Central Bank chief Mario Draghi vowed to do whatever is necessary.

The -- the eurozone together.

Weathered it better than expected reports on US economy are also pushing markets higher -- off session highs the Dow is up about 175.

Points.

-- the Dunkin' brands are on the rise after for reporting stronger than expected second quarter results.

The parent company of Dunkin' Donuts and Baskin Robbins also boosted its outlook for twenty filed.

On the flip side shares of Alcatel Lucent are under pressure the Telecom gear maker announced plans to cut 5000 jobs after reporting dismal second quarter results.

The company faces weak demand for telecommunication equipment.

Do a sluggish global economy and competition from Asian rivals and that's the latest from the Fox Business Network giving you the power to prosper.

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