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Market Update : 
Deutsche Bank Leads European Gainers
Author: Elena Todorova
123jump.com
Last Update: 2:09 PM EDT September 04 2007


European stock markets erased earlier losses to finish higher Tuesday, boosted by financial shares and U.S. economic data which raised hopes of interest-rate cut in the near term. Banking stocks gained on the back of comments from the chief executive of Deutsche Bank who said there are signs that markets are beginning to stabilize. Stock indexes in Germany and the U.K. climbed 1%, while France ended up 0.4%.

 

 

 

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