Sun, Apr 11, 2004 - Page 10 News List

US blue-chip shares fall on news of unrest in Iraq

BULLISH SENTIMENT The worsening security situation in Iraq sent crude oil up and limited declines in gold, but the Dow was forced lower over low Wal-Mart profits

REUTERS , NEW YORK

European stocks ended on an upbeat note on hopes for healthy profit growth among energy and technology companies.

The FTSE Eurotop 300 index ended up 0.5 percent at 1,014.8 points, 4 points above last week's close. The DJ Euro Stoxx 50 index rose 0.3 percent to 2,858.9.

In Japan, the Nikkei average managed a small gain to end at another 32-month high.

The Nikkei closed up 0.61 percent at 12,092.59, its highest close since Aug. 8, 2001. After staying above 12,000 for a third day, the Nikkei was now expected to remain well supported above this level. The broader TOPIX index was up 0.42 percent at 1,209.89.

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