The Dow Jones industrial average climbed to a nine-month high on Monday, in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week.
The Dow Jones rose 106.70 points, the S&P500 gained 13.61 points whilst the Nasdaq rallied 21.8 points. There were gains for for all ten sectors led by energy (+1.6%), healthcare (+0.9%) and discretionary (+0.9%).
- European shares rebounded overnight. The FTSEurofirst 300 index rose 0.4%, the German Dax spiked 0.7% whilst the UK FTSE gained 0.2%.
Asian share markets rose on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped spark a recovery in crude oil prices.
Nikkei up more than 3% at outset on strong Wall St., weaker yen
Tokyo stocks opened sharply higher Tuesday, with the Nikkei index surging more than 500 points, or 3 percent, on Wall Street gains overnight and a weaker yen that lifted export-oriented shares.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 532.99 points, or 3.27 percent, from Monday to 16,808.94. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 39.61 points, or 3.00 percent, to 1,359.76.
Reference: Asia.Nikkei, Reuters, MKS Group