Dow Jones surged on EU hopes

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Source: Dukascopy Bank SA
Dow Jones Industry Average surged 1.67% on Thursday as hopes for stabilization in the single currency union boosted risk-sentiment. Moreover, positive US jobs market data lifted the US blue chips index. Oil and gas companies were among the top-performers, rising 1.86%. Exxon Mobil rose 1.5% after reporting a 49% increase in profits in Q3 due to sales of stake in Japan's refining and chemicals business. Miners also moved higher, being supported by a 2.01% surge in 3M shares. The mining giant announced quarterly earnings that beat forecasts.

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