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Unread 08-10-2010, 08:19 AM
gnutrade.satya gnutrade.satya is offline
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Smile Stocks in Europe FTSE,CAC and DAX ended on a good note

Stocks in Europe like the FTSE , CAC and DAX ended on a good note propelled by a boost to oil majors from strong crude prices and lifted by speculation that the US Federal Reserve may inject extra stimulus measures to encourage the economy.
David Jones, chief market strategist at IG Index said: "Sentiment currently seems to be driven by the assumption that latent weakness in the US economy is going to force the Fed's hand and see the introduction of further stimulus measure. But with some jitters remaining, it wouldn't take much to knock this rally off track."
FTSE, DAX & CAC were between 1.5 to 1.7 percent higher.
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