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ECB measures lift Wall St in volatile session

Traders work on the floor of the New York Stock Exchange  ECB measures lift Wall St in volatile session 2015 01 22T174017Z 1 LYNXMPEB0L RTROPTP 2 MARKETS STOCKSBy Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks rallied in volatile trading on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected. The ECB will buy 60 billion euros worth of assets per month, an amount that was more than expected, in a program that will last through September 2016. While U.S. stocks were volatile after ECB President Mario Draghi's news conference, shares in Europe jumped 1.5 percent. "When you have every central bank in the world trying to stimulate the global economy, that's a tough thing for asset prices to fight against," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York.


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