The Dow Jones Industrial Average rose 119.65 points, or 0.22 per cent, to 53,463.05. Read more at straitstimes.com. Read more at straitstimes.com.

US stocks are ticking higher after the US Treasury Department said it will buy more US government bonds in a move that eased pressure on financial markets worldwide.

US stocks rose after the US Treasury Department announced a move that could ease pressure coming from the bond market.