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Us And European Stock Markets Rebounded Sharply, &Nbsp; Gold Prices Rose And Oil Prices Climbed.

2011/8/12 9:53:00 57

Us And European Stock Markets Rebounded Sharply

The US and European stock markets all experienced a sharp decline after the previous day's crash. rebound Situation. At the same time, the price of gold has gone down and oil prices have risen, showing that the market panic is gradually dissipating.


New York stock market rebounded sharply


On the 11 day, the three major stock indexes of New York stock market rebounded sharply, thanks to the good news from European debt problems and US employment figures. By the end of the New York stock market, the Dow Jones Industrial Average Index of 30 industrial stocks rose 423.37 points over 10 days, closing at 11143.31 points, or 3.95%. The standard & Poor's 500 stock index rose 51.88 points to 1172.64 points, or 4.63%. The Nasdaq composite index rose 111.63 points to 2492.68 points. Gain It is 4.69%.


  Major European stock markets pick up 
 


German Chancellor Merkel and French President Sarkozy will be in Europe next week. debt The meeting between the crisis and bank financing has effectively weakened the market's concerns about the European debt problem. At the close, Frankfurt's DAX index rose 184.24 points, or 3.28%, to 5797.66. Paris's CAC40 index closed at 3098.66 after the shock, up 86.67 points from the previous trading day, or 2.89%.


London's financial times 100 stock average price index rose 11 days, closed at 5162.83 points, 10 points higher than 155.67 points, or 3.11%.


Gold price rises and oil prices rise


Influenced by factors such as investors' profit taking and gold trading margin, New York commodity exchange gold Futures prices will fall after 11 days. The most active December contract ended at $1751.5 an ounce, down 32.8 dollars from the previous session, or 1.8%.


On the 11 day of oil prices, the New York Mercantile Exchange's September light crude oil futures price rose 2.83 US dollars, closing at 85.72 US dollars per barrel, or 3.41%. Beihai crude oil futures for September delivery in London market rose 1.34 US dollars to close at $108.02 a barrel, or 1.26%, in September.
 

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