LONDON (AP) - Stronger than anticipated U.S. housing data has given stocks a lift after a pretty lackluster trading session as investors continued to grapple with the stress test results into 91 EU banks.
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In Europe, the FTSE 100 index of leading British shares was up 20 points, or 0.4 percent, at 5,332.62 while Germany's DAX rose 12.58 points, or 0.2 percent, to 6,178.92 points. The CAC-40 in France was up 14.99 points, or 0.4 percent, at 3,622.04. On Wall Street, the Dow Jones industrial average was up 60.062 points, or 0.6 percent, at 10,485.24 soon after the open while the broader Standard & Poor's 500 index rose 6.61 points, or 0.6 percent, to 1,109.27.
US housing data lifts world markets out of their stupor after muted stress ... - TODAYonline