|
|
Article: World stocks up on M&A activity, stimulus pledge
- Article from:
- AP Online
- Article date:
- September 8, 2009
- Author:
CopyrightCopyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
|
World stocks rose Tuesday, helped by corporate merger news and positive momentum over government pledges to support the global recovery with stimulus efforts.
Gold prices rose above $1,000 to near record highs, driven by a weaker dollar and expectations of low interest rates.
Germany's DAX rose 15.38 points, or 0.3 percent, to 5,478.89 while Britain's FTSE 100 gained 10.38 points, or 0.2 percent, to 4,943.56. France's CAC-40 was up 5.53, or 0.2 percent, at 3,658.36 after Asia also rallied.
Wall Street likewise rose on the open. The Dow Jones industrial average gained 39.22 points, or 0.4 percent, to 9,480.49. The broader Standard & Poor's 500 index rose 6.42, or ...