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Market Update : 
Techs in U.S., Miners in Europe Rise
Author: 123jump.com Staff
123jump.com
Last Update: 4:52 PM EDT October 23 2007


U.S. stocks recovered for the second day after earnings from Apple, American Express, Burlington Northern, Du Pont, and T Rowe Price improved the sentiment. Investors cheered the steady stream of earnings from industrial, technology, and financial services companies after a week of gloomy earnings from banks. European markets edged higher led by 2% rise in Norway. Miners surged in UK and Australia. India led world markets with a sharp gain of 5%. Hong Kong, Korea, and Indonesia surged as well.

 

 

 

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