European shares recovered on Friday

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Source: Marketwatch
European stock markets rebounded on Friday lifted by drug manufacturers and improved consumer confidence in Germany. Stoxx Europe 600 gained 0.2%, British FTSE 100 index traded almost flat and German DAX added 0.4%. French CAC advanced 0.3% but Spanish IBEX 35 posted only a small gain of 0.1% as worries over country's debt trouble lingered. Meanwhile Athens General index extended losses and plunged 3.5%. 
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Mon, 28 May 2012 10:01:58 GMT

UK home prices climb lifted by London market

UK housing prices surged for a third consecutive month in May, fuelled by value increase in London, Hometrack reported on Monday. Home value for the UK soared 0.2% compared to previous month while prices in London climbed 0.6%. Nevertheless, Hometrack predicts the price increase in nation's property market for the year will be limited due to persisting Euro Zone debt crisis. 

Mon, 28 May 2012 08:45:59 GMT

Dow Jones falls 0.6% on Friday, 0.7% improvement for the week

Dow Jones Industrial Average index fell on Friday amid rising worries about Spain as the next troubled country after Greece. Blue chip index fell 0.6% or 74.92 points and closed at 12,454.83 with only 7 stocks ending on positive note. Standard & Poor's rating agency lowered on Friday its credit-worthiness assessment on 5 Spain's banks and warned about the nation's

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