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European equities FTSE,CAC and DAX saw a bright day

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gnutrade.satya
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European equities FTSE,CAC and DAX saw a bright day  Reply with quote  

Equities in Europe like the FTSE , CAC and DAX saw a bright day as US consumer confidence data rose, though gains were limited by fears for economic recovery, with the market recording its worst monthly decline since May.
Mike Lenhoff, chief strategist at Brewin Dolphin said: "Markets responded to the better-than-expected US consumer confidence, but the markets have not made their mind up about the recovery. There are still worries about a double-dip recession."
FTSE, DAX & CAC ended the day between 0.1 and 0.5 percent higher.

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Post Wed Sep 01, 2010 1:27 pm
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