Tuesday, 28 May 2013

Global stock markets rally continues

Market Data      Last Updated at 16:36 GMT

Dow Jones 15452.34       Up             149.24           0.98%
Nasdaq 3498.46 Up              39.32           1.14%
FTSE 100 6762.01 Up              107.67           1.62%
Dax 8480.87 Up              97.57           1.16%
Cac 40 4050.56 Up              55.40           1.39%
BBC Global 30 7127.42 Up              64.07           0.91%



Global markets rallied on Tuesday, bolstered by reports that central bank stimulus measures may continue and the release of strong US economic data.

Wall Street opened more than 1% higher, following on from strong gains on stock markets across Europe.

Central banks in Europe and Japan have pledged to maintain monetary policy support to bolster economic recovery.

Markets were hit last week when the US Federal Reserve suggested it might start slowing its stimulus programme.

In late morning trading, the Dow Jones index was 1.1% higher, while the broader S&P 500 was 1.3% up. In Europe, the FTSE 100 closed 1.6% higher, while France's Cac and Germany's Dax indexes added 1.4% and 1.2% respectively.

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