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World shares rise after strong US jobs report
PAMELA SAMPSON - The Associated Press




06:10:21AM (ET) Thursday,March 3,2011.

BANGKOK (AP) — World stocks regained their composure Thursday after upbeat U.S. employment figures buoyed shares on Wall Street, surmounting fears of a disruption in the global production of crude.

Oil prices fell amid reports that Libyan leader Moammar Gadhafi has accepted an offer from Venezuela to mediate in Libya's politics crisis but remained about $101 a barrel. The dollar was higher against the euro and dipped slightly against the yen.

The momentum that helped Asian stocks move higher carried over to Europe, where shares rose in early trading.

Britain's FTSE 100 was 0.5 percent higher to 5,942.37 while Germany's DAX gained 0.6 percent to 7,225.16. France's CAC-40 added 0.6 percent to 4,056.48. Ahead of the opening bell, Dow Jones industrial average futures rose 0.4 percent to 12,095 and S&P 500 futures was 0.5 percent higher at 1,312.20.

More--->LocalNet - World shares rise after strong US jobs report
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* With the stories coming from Egypt and Iran...with the rise in oil prices such as gas,this is a good report.
The markets continue their stride. *

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