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US and European Stocks rise

02 December 2010 08:20 (UTC +04:00)

Baku - APA-Economics. All the main indexes rose more than 2% with the Dow Jones Industrial Average surging 249.76 points, or 2.3%, to 11,255.78 at the close (10am NZ time). The rise wiped out all of November’s 1% loss in a single session, National Business Review reported.
All 30 of the Dow’s component stocks and all 10 of the S&P 500’s sectors finished in positive territory. The S&P 500 was up 2.2% at 1206.07 while the Nasdaq rose 2.05% to 2549.43, its biggest one-day gain in nearly two months.
The U.’s FTSE 100 gained 2.1% to 5642.50, Germany’s DAX climbed 2.7% to 6866.63 and France’s CAC-40 rose 1.6% to 3669.29.