Dow Jones Industrial looked around Europe fearing collapse but FTSE 100 index didn’t fall
The DJIA looked at Europe
In brief: Dow Jones Industrial Average continued to rise against the backdrop of positive news from Europe, FTSE 100 index remained stable.Dow Jones Industrial finishing trades U.S. stock market in a positive mood. The DJIA stood close to 10,414.40 points, gaining 92.10 points (0.89%) at the time. At the same time, the pan-European Stoxx Europe 600 index rose 0.6% to 255.97 points, Britain’s FTSE 100 closed almost unchanged at around 5,312.62 points.
Deutsch DAX rose 0.4% to 6,166.34 points, the French CAC-40 – by 0.2% to 3,607.05 points. European stocks closed mostly increasing, although many players have been cautious on the eve of publication of results of stress tests. Investors are not sure that the criteria for conducting stress tests of European banks were strong enough. Economic data out of Europe proved to be quite good. According to preliminary data, gross domestic product (GDP) of Great Britain in II quarter of this year grew by 1,1% in quarterly terms. At the same time in annual terms the GDP grew by 1,6%. It was informed by the National Bureau of Statistics of Great Britain.
Igor Tringlers2010-07-23 18:56, Economics.
News on: britain, CAC 40, DJIA, Dow Jones, europe, FTSE 100, Great Britain, gross domestic product, National Bureau of Statistics, pan-European Stoxx Europe, stock markets, United States, usa