Stock Market

World Stocks Remain High Following Europe's New Bond-Buying Plan

European Central Bank president Mario Draghi unveiled a fresh package of measures

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Markets remained relatively buoyant Thursday after European Central Bank president Mario Draghi unveiled a fresh package of measures designed to ease the strains in Europe's debt crisis.

Stocks, as well as the euro and the price of oil, have generally enjoyed a bumper six weeks or so after Draghi said the ECB would do "whatever it takes" to save the euro.