All major US markets end with gains - ZENMoney

On the US markets, major indices ended the day with gains after a better than expected US durable good orders and home sales along with consumer confidence data which delivered a dose of optimism to investors rattled in recent days by worries over Federal Reserve policy.

On the European front, the British benchmark indices rebounded from a 5-1/2 month low due to gains in cruise ship group Carnival after steps by China to reassure markets over its money supply lifted sentiment. However, beverage can maker Rexam fell after issuing a profit warning which underscored the uncertain market outlook.

Nikkei opened the session in the green due to overnight gains on Wall Streeton the back of economic data comming in from US and assurances from China's central bank to provide funds to institutions if needed. A strengthening dollar supported the rise further.

Source : Equity Bulls

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