European stocks edged higher on Monday

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Source: Forexpros
© Scanpix/AFP

European stocks edged higher on Monday, October 15, after better-than-expected U.S. retail sales and hopes that Spain is going to request a sovereign bailout soon The Stoxx Europe 600 Index rose 0.51 per cent to 270.80. Germany's DAX Index edged higher 0.40 per cent to 7,261.25 and France's CAC 40 Index jumped 0.92 per cent to 3,420.28.

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Mon, 15 Oct 2012 20:01:20 GMT

Wall Street turned green on upbeat data

Wall Street rose on Monday, as retail sales in the U.S. and Citigroup (C) Inc.'s earnings topped estimates. The Dow Jones Industrial Average advanced 0.74%, to 13,427.58; the Standard & Poor 500 Index jumped 0.73%, to stand at 1,438.91, while Nasdaq 100 futures added 0.52%, to 3,059.83.

Mon, 15 Oct 2012 18:45:18 GMT

German stocks soared on Monday

German shares jumped on Monday after encouraging retail sales data. However, uncertainty over whether Spain will apply for a bailout created pressure on German equities. The DAX Index gained 0.32% and is currently trading at 7,255.36. All but one sector included in the index rose. The top-gainers were technology firms and basic material producers. SAP advanced 1.03% while BASF and

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