4:00PM New York, 10:00PM Frankfurt, 8:00AM Sydney – European stocks rise after the earnings from Nokia, Siemens, Allianz, Saint Gobin, L’Oreal, and Casino Guichard.

North American Markets indexes

Dow Jones Industrial Average rose 108.44 or 0.88% to a close of 12,378.61, S&P 500 closed up 13.47 or 1.01% to 1,352.07, and Nasdaq Composite Index traded up 44.51 or 1.92% to a close of 2,360.92.

In Toronto TSX Composite closed up 249.83 or 1.97% to close at 12,907.23.

Of the 30 stocks in Dow Jones Industrial Average, 17 closed higher, 13 closed lower, and none was unchanged.

AT&T led the decliners in the index after it reported earnings with a loss of 3.4% followed by losses in Wal-Mart of 2.8%, in JP Morgan Chase of 2.08%, in Merck of 2%.

Alcoa led the gainers in the index with a rise of 5.5% followed by increases in Microsoft of 4.3%, in Hewlett Packard of 3.5%, in Intel of 3.35%, and in Citigroup of 2.4%.

Of the stocks in S&P 500, 260 closed higher, 238 fell, and 2 were unchanged.

One hundred and eighteen stocks rose more than 3% and one hundred and seventeen stocks fell more than 3%. Seven stocks closed above 10% in the index.

Ambac led the decliners in the index with a fall of 16% followed by losses in MBIA of 15%, in Sovereign Bancorp of 9%, in Family Dollar of 7%, in Southwest Air of 6.4%, in EBay of 6.3%, and in Expeditors International of 6.2%.

LSI Corp led the gainers in the index with a rise of 22% followed by increases in Teradyne of 14.5%, in Molex of 13%, in Symantec Corp of 11%, in National Oil Varco of 10.8%, in Consol Energy of 10.7%, Qualcomm Inc of 10%.

South American Markets Indexes

In Latin Markets Brazil led the decliners in the region with a gain of 5.95% followed by increases in Chile of 5.80%, in Colombia of 4.93%, in Argentina of 3.98%, and in Peru of 2.41%. Venezuela added 0.55% and Mexico increased 0.82%.


Asian Markets


In Tokyo Nikkei 225 Index closed higher 263.72 or 2.06% to 13,092.78, in Hong Kong Hang Seng index decreased 550.90 or 2.29% closed to 23,539.27, in Australia ASX 200 index higher 168.10 or 3.11% to close 5,580.40.

In South Korea Kospi Index increased 34.58 or 2.12% to close at 1,663.00, in Thailand SET index closed lower 12.07 or 1.63% to 728.58, and Indonesia JSE Index edged increased 40.42 or 1.63% to 2,516.70. Sensex index in India decreased 372.30 or 2.12% to 17,221.74.

European Markets

In London FTSE 100 Index closed higher 266.50 or 4.75% to 5,875.80, in Paris CAC 40 Index increased 280.22 or 6.04% to close at 4,916.98 and in Frankfurt DAX index higher 381.86 or 5.93% to close at 6,821.07. In Zurich trading SMI increased 334.84 or 4.55% to close at 7,690.97