Euro, U.S., Asian shares up

FRIDAY, OCTOBER 07, 2011
Euro, U.S., Asian shares up

Thailand's most updated English news website, newspaper english, breaking news : The Nation

The Dow Jones Industrial Average gained 183.38 points, or 1.68 per cent, to close at 11,123.33, above the psychologically-important 11,000 mark.

The S&P 500 rose 20.94 points, or 1.83 per cent, to end at 1,164.97. All 10 S&P sectors ended in the black, led by banks and materials.

The Nasdaq jumped 46.31 points, or 1.88 percent, to close at 2,506.82.

Euro shares hit 5-week closing high, The European Central Bank said it was ready to buy bonds to provide longer-term cheap money for European lenders in need of funding. The European Central Bank held its key interest rates unchanged at 1.5 per cent.

Crude oil closed up 0.28 per cent at USD82.36 a barrel, while gold settled at USD1,653.57 an ounce.
 

Asian shares opened up Friday after euro zone policymakers moved to shore up struggling banks and fend off a new financial crisis.