World stock markets rose strongly Friday after another batch of solid U.S. earnings and further confirmation that the recovery in Germany, Europe's biggest economy, is gathering pace.
October 23, 2009 at 08:33 AM
1 minute read
World stock markets rose strongly Friday after another batch of solid U.S. earnings and further confirmation that the recovery in Germany, Europe’s biggest economy, is gathering pace.
In Europe, Germany’s DAX was up 61.74 points, or 1.2 percent, at 5,819.39 after the Ifo Institute said its monthly business climate index edged up for the seventh month running to 91.9 points in October from 91.3 in September.
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