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Reply #22: European stocks extend gains as U.S. futures rise [View All]

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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-23-07 08:52 AM
Response to Reply #21
22. European stocks extend gains as U.S. futures rise
http://www.reuters.com/article/marketsNews/idINL2362522520071123?rpc=611

PARIS, Nov 23 (Reuters) - European stocks extended their gains in afternoon trading on Friday, rising 1 percent as U.S. stock futures rose on Wall Street.

At 1305 GMT, the FTSEurofirst 300 (.FTEU3: Quote, Profile, Research) index of top European shares was up 1.04 percent at 1,469.14 points, led by rallying mining and pharmaceutical shares.

Shares in miners and pharmaceutical companies were among the top positive influences on the FTSEurofirst.

Both Rio Tinto (RIO.L: Quote, Profile, Research) and Anglo American (AAL.L: Quote, Profile, Research) rose 6 percent, while Novartis (NOVN.VX: Quote, Profile, Research) was up 4.3 percent and AstraZeneca (AZN.L: Quote, Profile, Research) rose 4.1 percent.

U.S. S&P 500 futures (SPc1: Quote, Profile, Research) were up 0.9 percent, the Dow Jones industrial average futures (DJc1: Quote, Profile, Research) were up 0.6 percent, and the Nasdaq 100 futures (NDc1: Quote, Profile, Research) were up 0.9 percent, indicating a firm start on Wall Street after Thursday's public holiday.

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