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US, European Stocks

06 April 2010 07:22 (UTC +04:00)

Baku â€“ APA-Economics. US stocks moved higher Monday after economic reports posted encouraging surprises that fuelled hopes the struggling recovery from recession is gaining traction, Business Day reported.
The Dow Jones Industrial Average rose 46.48 points (0.43 per cent) to 10,973.55, extending Thursday’s solid gains. The tech-rich Nasdaq composite climbed 26.95 points (1.12 per cent) to 2,429.53 and the broad-market Standard & Poor’s 500 index gained 9.33 points (0.79 per cent) at 1,187.43.
The London FTSE 100 index rose 65.25 points to close at 5,744.89. he Frankfurt DAX added 1.33 percent to 6,235.56 points, its best showing since early September 2008. In Paris the CAC 40 jumped 1.52 percent to at 4,034.23 points.