Thursday, November 25, 2010

Marts jump on energy, easing Europe fears

Combining Greek and oil lubrication stocks yesterday, help investors to obtain a triple-digit financial crisis concerns in Europe subsided after two days of meetings in how to bail water out of the boat to Athens.
The dow Jones industrial average index 169.67 10,268.81 rises, or a percentage point to 1.68, and standard and poor's 500 index, 19.36 add anise percentage points, arrive 1,094.87. Nasdaq, or get 30.66 2,214.19 1.4 percent, to.
Energy stocks driven surge, by 4% increased, the price of crude oil, obtain highest proportion in nearly six months, will joint-stock company - climbing nearly 3%, exxon mobil rose more than 2 percent. Other commodities such as also jumped gold and copper.
The run-up in oil came amid strong earnings from a raft of companies, including Kraft and even teen-retailer Abercrombie & Fitch, whose earnings beat estimates.
"Profit strong and people began to believe in trade and economic recovery we see in real," said Stifel chief angels mata nicolas capital market. More investors worry will miss the next move up, as opposed to not being involved, watching the market down. "
Earlier today, stock market in the European advanced in European regulators took measures to support the Greek finances.
Mobile help euro recover some of its huge sell-off in recent days, cause dollar slipped. Gold prices here to settle an ounce, $2.73 percent 1,119.780 23.80 dollars.

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