Posted AT 7:37 AM EST on 30/07/08
Global shares rise on U.S. glimmers of hope
LONDON — World stocks rose robustly on Wednesday as worries about oil receded, U.S. consumer confidence stabilized and corporate earnings bolstered investor sentiment.
The U.S. dollar was barely changed against a basket of major currencies and euro zone government bond prices firmed.
European shares were up, with the FTSEurofirst 300 gaining more than 1 per cent. Japan's Nikkei average earlier gained around 1.6 per cent.
The full text of this article has 462 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -30.85 | 8,296.96 |
| DJIA | +172.60 | 8,591.69 |
| S&P 500 | +21.93 | 870.74 |
| Nasdaq | +42.58 | 1,492.38 |
| Stock Profile | Sponsored by: |
|---|---|
 |
Video:
|
Technology 
- Finding the perfect gadget
- Need a present for mom, dad, son, daughter, friend, colleague?
MOST POPULAR
Most Popular
| Rank | Headline |
|---|---|
| 1. | Canadians get higher severance pay: study 5:02 PM
|
| 2. | UAW willing to change contracts 3:56 PM
|
| 3. | Recession threat weighs on housing markets 2:27 PM
|
| 4. | U.S. economic gloom deepening: Fed 2:17 PM
|
| 5. | Enbridge raises outlook, boosts dividend 1:19 PM
|
| 6. | Jarislowsky blames extreme greed for economic crisis 2:04 PM
|
| 7. | RIM bids $66-million for Certicom 11:12 AM
|
| 8. | Joe Clark on government minorities and corporate responsibility 7:17 AM
|
| 9. | Loonie lingers under 80 cents 12:53 PM
|
| 10. | Oil stuck at three-year lows 3:34 PM
|
Adhocracy
- Diesel Makes a Meat Puppet
- Plus: Christmas gifts + men = doghouse
CSR: Executive action
- Sowing the seeds of corporate compassion
- Unique program gives CEOs a first-hand look at the work of social agencies, with the hope that corporate commitment will follow
2
The Law page
- Did BCE wimp out?
- Jon Huntsman can teach a thing or two about takeover contracts
ROB Magazine
- Ted Rogers's last interview
- The cable baron talked to Jennifer Wells about "moving toward stopping"
The Breakthrough
- Zenn and the art of electric car maintenance
- The breakdown of his beloved 1959 French electric car led to Toronto auto maker's 'aha! moment' and a $5-million investment in a small U.S. battery company
FABRICE TAYLOROpportunity knocks with low price of oil
JOHN HEINZLLooks are deceiving; stocks may not be such a bargain
MARCUS GEEBusiness 'not deterred' by Mumbai attacks
NEIL REYNOLDSFollowing Obama down the wrong path