Bank Of Baku

US Stock rise, European fall

US Stock rise, European fall
# 16 December 2010 07:22 (UTC +04:00)
Baku - APA-Economics. the Dow Jones industrial average rose 47.98, or 0.4 percent, to 11,476.54, after retail sales rose for the fifth straight month and a survey showed that large companies intend to hire more workers, BusinessWeek reported.
The broader S&P 500 rose 1.13, or 0.1 percent, to 1,241.59. The tech-heavy Nasdaq composite index rose 2.81, or 0.1 percent, to 2,627.72.
In opening European trade, France’s CAC 40 was off 0.7 percent at 3,877.51 and Britain’s FTSE 100 fell 0.5 percent to 5,864.30. Germany’s DAX shed 0.7 percent to 6,979.03.
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