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Foreign Markets

Global markets rose again on Tuesday while traders await the results from the Federal Reserve’s “Stress Tests”. After being closed for a holiday, Britain played catch up as the FTSE rose 114.94 points, or 2.7 %, at 4,358.16, while Germany’s DAX rose 17.12 points, or 0.4 %, to 4,919.57. France’s CAC-40 was up 6.86 points, or 0.2 %, at 3,244.83. With a slew of national holidays, trading was subdued in the Far East. Hong Kong’s Hang Seng index gained 49.03 points, or 0.3 %, at 16,430.08, while mainland China’s benchmark Shanghai Composite Index advanced 0.3 % to a nine-month high close of 2,567.34

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Foreign Markets

Stocks rose modestly overseas following Wall Street’s mixed results. In Asia, Japan’s Nikkei 225 stock average closed up 23.21 points, or 0.3 %, at 7,557.65, while Hong Kong’s Hang Seng finished 0.1 % higher at 13,023.36.

In Europe, the FTSE 100 index of leading British shares was up 22.47 points, or 0.6 %, at 4,029.30, while Germany’s DAX was 34.88 points, or 0.8 %, higher at 4,239.84. The CAC-40 in France rose 8.91 points, or 0.3 %, to 2,882.98.

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