Economy

Ghost Dog

(16,881 posts)

31. European Shares Advance Ahead Of Holiday Break

Fri Dec 23, 2011, 09:54 AM

Dec 2011

VIENNA (dpa-AFX) - European shares rose in holiday-thinned trading Friday, as heartening U.S. economic data encouraged investors to go bargain hunting ahead of the Christmas weekend.

An agreement reached in Washington late Thursday on extending payroll tax cuts and news that Italy's senate has passed a confidence vote on austerity measures planned by Prime Minister Mario Monti also helped improve appetite for riskier assets.

The Euro Stoxx 50 index of euro zone blue chippers is gaining 0.9 percent and the Stoxx Europe 50 index, which includes some major U.K. companies, is up 0.7 percent.

Around Europe, the German DAX is rising 0.4 percent, France's CAC 40 is adding 1.2 percent, the U.K.'s FTSE 100 is up 0.6 percent and Switzerland's SMI is moving up half a percent.

/... http://www.finanznachrichten.de/nachrichten-2011-12/22289553-european-shares-advance-ahead-of-holiday-break-020.htm

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STOCK MARKET WATCH, Friday, December 23, 2011. [View all] Hugin Dec 2011 OP

Ho-Ho-Ho... Hugin Dec 2011 #1

A Little Ghost of Weekend Past Demeter Dec 2011 #2

Very telling tune CatholicEdHead Dec 2011 #71

Monti names unelected government of technocrats and bankers FROM NOVEMBER Demeter Dec 2011 #3

Senators in Italy Pass Plan for Budget Demeter Dec 2011 #15

"the absence of democratically endorsed characters will allow austerity measures to proceed dixiegrrrrl Dec 2011 #52

Europe Braces for Long Winter Demeter Dec 2011 #4

BofA Close to Settling Countrywide Probe Demeter Dec 2011 #5

Where are the handcuffs! DemReadingDU Dec 2011 #19

Illinois Attorney General Lisa Madigan has settled that lawsuit, actually. dixiegrrrrl Dec 2011 #53

A civil settlement doesn't preclude a criminal prosecution Demeter Dec 2011 #68

Sdly, as we know, the SEC settlments are not followed by criminal charges. dixiegrrrrl Dec 2011 #70

The Meme that Refuses to Die: Government Debt Must Be Paid Back by Steve Roth Demeter Dec 2011 #6

The 99% Declaration Demeter Dec 2011 #7

That's a clear plan. n/t Ghost Dog Dec 2011 #14

The 876 delegates would go to the top of DHS watch list westerebus Dec 2011 #65

Judge finds Stanford fit to stand trial Demeter Dec 2011 #8

Bini Smaghi urges bold decisions Demeter Dec 2011 #9

Bini Smaghi sees role for European QE Demeter Dec 2011 #11

US growth revised down for third quarter Demeter Dec 2011 #10

Jean Pisani-Ferry: Will Europe’s crisis reconcile Asia with the IMF? Demeter Dec 2011 #12

ESMA automated trading guidelines to take force in May Demeter Dec 2011 #13

Sir Mervyn King: debt crisis is causing a dangerous 'dependence on central banks' Demeter Dec 2011 #16

King Says Crisis Threatens Europe’s Economy as Stability Outlook Worsens Demeter Dec 2011 #17

Basel Regulators Seek to Close Loopholes in Bank-Liquidity Rules Demeter Dec 2011 #18

European Banks Rush to Grasp Lifeline Demeter Dec 2011 #23

Legality of Non Transparent Transfer of MF Global Assets to JP Morgan Questioned Demeter Dec 2011 #20

“We Own Wall Street” By Eliot Spitzer Demeter Dec 2011 #21

Dear Eliot -- Nice idea, but. . . . . Tansy_Gold Dec 2011 #45

They need to understand the whole concept of, "Noblesse oblige". Hugin Dec 2011 #67

FBI Reportedly Investigating Fannie Mae, Freddie Mac For Role In Subprime Crisis Demeter Dec 2011 #22

Where are the handcuffs! DemReadingDU Dec 2011 #24

Ann Barhardt has a different idea Po_d Mainiac Dec 2011 #64

This is not about their "role in the subprime crisis," it is about execs lying to shareholders... rfranklin Dec 2011 #50

merry christmas! xchrom Dec 2011 #25

This one's for you, X Tansy_Gold Dec 2011 #46

OMG -- that really got to me! nt xchrom Dec 2011 #47

Me, too! Tansy_Gold Dec 2011 #48

indeed -- it has the BEST ending -- nt xchrom Dec 2011 #49

and how is your Petunia? DemReadingDU Dec 2011 #54

her limp is improving every day now. xchrom Dec 2011 #55

Just give her a bit more time DemReadingDU Dec 2011 #60

i look forward to 'PETUNIA, STOP THAT RIGHT NOW!' nt xchrom Dec 2011 #63

That was a great story! and we have a similar one DemReadingDU Dec 2011 #59

the ecb's highwire act xchrom Dec 2011 #26

That game has been played for decades in 3rd world countries dixiegrrrrl Dec 2011 #57

agreed. few people would argue that developed countries were kind to africa xchrom Dec 2011 #61

south asia: Markets could recover if reforms can get a push: Analysts xchrom Dec 2011 #27

Gold down by Rs 50 on sluggish demand; silver up by Rs 150 xchrom Dec 2011 #28

Rupee ends lower, falls for 3rd straight week {this is something to watch, apparently} xchrom Dec 2011 #29

We have not shelved FDI in retail: Pranab Mukherjee xchrom Dec 2011 #33

Asian Stocks Higher As US Recovery Gains Traction Ghost Dog Dec 2011 #30

European Shares Advance Ahead Of Holiday Break Ghost Dog Dec 2011 #31

US consumer spending tepid in November xchrom Dec 2011 #34

Wall Street Pins Hopes On Economic Data Ghost Dog Dec 2011 #32

Today's Reports Roland99 Dec 2011 #35

November durable-goods orders rise 3.8% Roland99 Dec 2011 #36

Personal income rises 0.1% in November Roland99 Dec 2011 #37

Core PCE index up 1.7% over past 12 months (up 0.1% for November) Roland99 Dec 2011 #38

Durable-goods orders minus transportation up 0.3% Roland99 Dec 2011 #39

Personal spending rises 0.1% in November Roland99 Dec 2011 #40

Personal incomes rise 0.1% in November Roland99 Dec 2011 #41

Core Durable,Capital Goods Orders Miss Despite Inventory Stuffing, Push Q4 GDP Lower;Savings Down Roland99 Dec 2011 #42

New U.S. home sales rise to 315,000 rate in Nov. (Oct. revised up to 310,000) Roland99 Dec 2011 #58

Matt Taibbi: A Christmas Message From America's Rich DemReadingDU Dec 2011 #43

Karl Denninger: Matt Taibbi, Financial Schemes And The US Congress DemReadingDU Dec 2011 #44

" It seems America’s bankers are tired of all the abuse. They’ve decided to speak out." dixiegrrrrl Dec 2011 #62

For this, The Bloomberg Economic News link shall remain on the SMW OP template. Hugin Dec 2011 #66

In Portugal, All-Out Privatization Gets Underway xchrom Dec 2011 #51

Fed’s Once-Secret Data Released to Public xchrom Dec 2011 #56

This isn't a good sign. Fuddnik Dec 2011 #69