[credit provider=”www.flickr.com” url=”http://www.flickr.com/photos/[email protected]/224487757/”]
World markets picked up considerably in the past few hours.Most of Asia opened lower but rallied to close flat in the Nikkei and Shanghai, and with 1.6% gains in the Hang Seng. Lower because of U.S. corporate sentiment, Japan saw a bounce when its own corporate sentiment improved.
European markets opened low but quickly rallied to 1% gains.
Bouygues SA lifted markets when it said it would buy back shares. Other small but good headlines included comments from Olli Rehn that Greek debt is on a durable declining path, a larger than expected fall in German unemployment and positive comments from the Irish finance minister.
Dow futures point to a near-100 point open.
Since August 22 the Global Dow is up 6%, but since July 22 it is down 12%.