10:00PM Frankfurt, 4:00PM New York, 8:00AM Sydney – U.S. stocks rallied after earnings from MasterCard surged and MBIA company assertion that it has sufficient capital to retain its AAA rating.

European Markets

In London FTSE 100 Index closed higher 42.50 or 0.73% to 5,879.80, in Paris CAC 40 Index decreased 3.78 or 0.08% to close at 4,869.79 and in Frankfurt DAX index lower 23.60 or 0.34% to close at 6,851.75. In Zurich trading SMI decreased 1.37 or 0.02% to close at 7,670.44.

North American Markets indexes

Dow Jones Industrial Average fell 37.47 or 0.30% to a close of 12,442.83, S&P 500 closed down 6.49 or 0.48% to 1,355.81, and Nasdaq Composite Index traded down 9.06 or 0.38% to a close of 2,349.00.

In Toronto TSX Composite closed down 48.22 or 0.37% to close at 12,998.21.

Of the 30 stocks in Dow Jones Industrial Average, 30 closed higher, 2 closed lower, and none were unchanged.

American Express led the gainers in the index with a rise of 5% followed by increases in McDonalds of 4.7%, in Home Depot of 4.5%, and in Caterpillar of 4.35%. Altria Group led the only two decliners with a fall of 0.8% and Merck fell 0.5%.

Of the stocks in S&P 500, 400 closed higher, 95 fell, and 5 were unchanged.

Nineteen stocks rose more than 3% and fifty stocks fell more than 3%.

Marathon Oil led the decliners in the index with a fall of 7% followed by losses in Cameron International of 6.8%, in Altera of 6.11%, in National Oilwell Varco of 5.8%, in Tesoro of 3.7%, and in Baker Hughes of 3.6%. Pulte Homes led the gainers in the index with a rise of 21% followed by increases in Lennar Corp of 13%, in IMS Health of 13%, in Snap-On of 12%, and MBIA Inc of 11%.


South American Markets Indexes

In Latin Markets Peru led the advancers in the region with a gain of 3.18% followed by increases in Mexico of 1.58%. Argentina led the decliners in the region with a loss of 1.43% followed by declines in Brazil of 1.33%, and in Venezuela of 1.17%. Colombia fell 0.13% and Chile declined 0.22%.

Asian Markets

In Tokyo Nikkei 225 Index closed higher 247.44 or 1.85% to 13,592.47, in Hong Kong Hang Seng index decreased 197.95 or 0.84% closed to 23,455.74, in Australia ASX 200 index higher 31.60 or 0.56% to close 5,650.30.

In South Korea Kospi Index increased 35.62 or 2.24% to close at 1,624.68, in Thailand SET index closed higher 20.75 or 2.72% to 784.23, and Indonesia JSE Index edged increased 16.89 or 0.65% to 2,627.25. Sensex index in India decreased 109.93 or 0.62% to 17,648.71.

Bond Yields decreased on 10-year U.S. bonds to 3.61% and on 30-year bonds gained to 4.34%.

Commodities, Metals, and Currencies

Crude oil gained $0.67 to close at $91.66 per barrel for a front month contract, natural gas increased 2 cents to $8.06 per mBtu, and gasoline futures increased 2.49 cents to close at 230.91 cents per gallon.