Foreign Markets
Asian markets gained as the U.S. House passed President Obama’s $819 billion stimulus. Japan’s Nikkei 225 stock average rose 144.95 points, or 1.8 %, to 8,251.24. After being closed this week for the Lunar New Year, Hong Kong’s Hang Seng leaped 575.83 points, or 4.6 %, to 13,154.43
In Europe, financial pulled back after having massive gains the last few sessions. Britain’s FTSE 100 plunged 2.1 % to 4,206.20, Germany’s DAX lost 1.2 % to 4,464.26, and France’s CAC 40 dropped 1.3 % to 3,034.77.