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Market News


European Markets

Opening calls are indicating a higher open this morning.

Asian Markets

Stocks are trading higher in Asia.

US Markets

U.S. stocks rallied Tuesday, finishing near the highs of the day, after Italian Prime Minister Silvio Berlusconi agreed to resign.

The Dow Jones industrial average (INDU) ended 102 points higher, or 0.8%. The S&P 500 rose 15 points, or 1.2%, and the Nasdaq gained 32 points, or 1.2%.

Events Today

Key corporate releases due on Wednesday include Franco-Belgian bank Dexia which is expected to announce third quarter data at 8:30 London time and energy firm E.on which reports at 7:30.

Deutsche Post third quarter earnings are due at 6:00, while chemical and consumer goods firm Henkel reports at 6:30.