International stockmarkets were quiet this evening after positive housing figures from the US where homebuilders reported a surge in business in June. This pushed number above levels not seen since the onset of the housing crisis seven years ago.
The Dow Jones rose 153 points, or just over 1%, to 15,224, in midday trading. Twenty-six of the Dow's 30 stocks were up, and the other major indices also rose.
Shares in France, Germany, Italy, Spain and the UK rose. Greece was an exception.
The dollar has edged up against the yen and euro while European and Asian shares recouped a large slice of last week's losses, as investors pinned their hopes on a cautious tone from the US Federal Reserve this week.
Internatiopnal stockmarkets were quiet this evening after positive housing figures from the US where homebuilders reported a surge in business in June. This pushed number above levels not seen since the onset of the housing crisis seven years ago.
The Dow Jones rose 153 points, or just over 1 percent, to 15,224, in midday trading. Twenty-six of the Dow's 30 stocks were up, and the other major indices also rose.
Shares in France, Germany, Italy, Spain and the UK rose. Greece was an exception.
London's FTSE was 0.35% higher at 6,330. Shares in Frankfurt were 1% higher at 8,215 and in Paris the CAC was 1.5% higher.
Dublin's ISEQ index was up 0.6% at 3,917.
