U.S. stocks ended up on the day after the European Central Bank launched a bond-buying program on Thursday to stimulate the economy, with investors deciding that such a move would be good for the global economy.

The Dow Jones Industrial Average ended up 260 points on the day after moving around quite a bit, rising at first before falling and then rising again, according to a USA Today report.

The stock market is still not up overall on the year for 2015, however, unlike the S&P 500 and Nasdaq.

European stocks also rose on the news that the ECB would make monthly bond purchases of 60 billion euros starting in March and continuing until September 2016. Most investors had expected a 50 billion euro spending program.

The S&P 500 also finished up 1.5 percent on the day, and the Nasdaq was up 1.8 percent.

Britain’s stock market increased 1 percent, and Germany’s index increased 1.3 percent. The French stock market jumped 1.5 percent.

Not surprisingly, the announcement weakened the euro against the U.S. dollar, as the currency slid to a value of $1.1488. This will make European goods cheaper and boost exports, which the government hopes will increase inflation, which is currently at a worryingly low level.

The ECB’s decision has positive impacts for the United States, as it will keep bond yields low, keeping money flowing to U.S. Treasury yields instead.

Meanwhile, U.S. crude continues to drop, dipping $1.85 after seven months where the price has decreased 60 percent. That’s almost a 4 percent decline on the day, and the price per barrel is now $45.97.

The sliding oil prices has helped airlines, and shares of Southwest Airlines have increased after posting big profits in their most recent quarter, which the company credited to cheaper fuel.