US markets end higher on Tuesday

US markets end higher on Tuesday
# 26 August 2009 09:02 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. Stocks on Wall Street ended higher on Tuesday as economic data and the renomination of Federal Reserve chief Ben Bernanke reassured investors and offset concerns about the federal budget soaring to a record high this year.
The government forecasts that the US national debt will nearly double over the next 10 years.
The Dow Jones Index closed up 30 points, 0.3%, at 9539
The Nasdaq Composite closed up 6 points, also 0.3%, at 2024.
European shares had their highest close since October on Tuesday.
The FTSE 100 was up 0.4%, the Frankfurt DAX index closed up 0.7% and in Paris the CAC-40 index closed up 0.8%.
Earlier, in Tokyo, the Nikkei-225 index closed down 0.8%.
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