Monday, June 11, 2012

Economy - Voice of America: World Markets Surge After Spanish Bank Rescue

Economy - Voice of America
economy-and-business
World Markets Surge After Spanish Bank Rescue
Jun 11th 2012, 09:34

Investors have pushed stock markets across Asia and Europe higher following an agreement by eurozone countries to provide up to $125 billion to rescue Spain's ailing banks. Markets in Britain, Germany and France were all up about 2 percent in early trading Monday, while shares in Spain - led by financial stocks - surged nearly 4 percent. Japan's Nikkei index closed up 2 percent, and Hong Kong's Hang Seng gained 2.4 percent. Analysts said the bailout deal reached ...

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