AnMaster.com

Alexkid

World stocks rise amid signs of US job growth
PAMELA SAMPSON
(The Associated Press)

06:21:03AM (ET) Tuesday,January 10,2012.

BANGKOK (AP) — World stocks rose Tuesday, assisted by an absence of bad financial news and signs that the U.S. economy may be strengthening.

Benchmark oil hit $102 per barrel while the dollar fell against the euro and the yen.

Stock markets were higher in early European trading, tracking gains in Asia. Britain's FTSE 100 rose 0.9 percent to 5,662.63. Germany's DAX jumped 1.4 percent to 6,100.30 and France's CAC-40 rose 1.6 percent at 3,177.48.

Ahead of the opening bell, Wall Street appeared set for a higher opening. Dow Jones industrial futures rose 0.5 percent to 12,402 and S&P 500 futures gained 0.6 percent to 1,283.10.

Japan's Nikkei 225 index, reopening after a three-day holiday weekend, added 0.4 percent to close at 8,422.26. Hong Kong's Hang Seng index rose 0.7 percent to 19,004.28 while South Korea's Kospi jumped 1.5 percent to 1,853.22. Australia's S&P ASX 200 rose 1.1 percent at 4,152.20. Benchmarks in Singapore, Taiwan, and Indonesia also posted gains.

Improving economic data out of the U.S. was one key factor working in favor of markets, said Cameron Peacock of IG Markets in Melbourne. The U.S. added 200,000 jobs in December in a burst of hiring that drove the unemployment rate down two notches to 8.5 percent, its lowest in almost three years. That led economists to conclude that the improvement in the job market might just last.

----------------------------------------------------------------
World markets are working...lets say.

__________________
Yeah...Do That.