By Denny Jacob

International stocks trading in New York closed higher on Thursday.

The S&P/BNY Mellon index of American depositary receipts moved up 1.5% to 143.80. The European index edged up 1.2% to 139.30. The Asian index rose 2.1% to 167.27. The Latin American index gained 1.4% to 179.19, while the emerging-markets index advanced 2.1% to 278.22.

ABB Ltd. was among those whose ADRs traded actively.

The Swiss technology company gained 1.8% on plans to expand its existing robotics headquarters and factory in Michigan, which is expected to be completed in November.

Barclays PLC gained 2.8% as European banks rebounded after news that Credit Suisse Group AG is borrowing from the Swiss National Bank to strengthen liquidity reverberated through the sector.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 16, 2023 19:14 ET (23:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more ABB Charts.
ABB (NYSE:ABB)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more ABB Charts.