Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
World markets mostly higher after US stocks gain (AP)
were mostly higher Tuesday, helped by an overnight rise on
U.S. health care
measure.
Major markets gained by 1 percent or less, reversing course after declines the day before. The dollar was up modestly against the euro and the yen, while
held above $81.
Sentiment was buoyed by another advance on Wall Street, where investors seemed relieved after U.S. lawmakers ended months of uncertainty and passed
that would extend benefits to millions and have a wide-ranging effect on companies.
Asian and European stocks lost ground on Monday as more questions about Greece’s ability to resolve its debt crisis dogged investors. Though Germany’s chancellor said over the weekend a bailout wouldn’t be up for negotiation at a European summit this week, other regional leaders suggested a deal that might include help from the International Monetary Fund was in the works.
As trading got started in Europe, France’s CAC-40 and Britain’s FTSE 100 both rose 0.9 percent while
was up 0.7 percent.
In Japan, the
stock average fell 50.57 points, or 0.5 percent, 10,774.15, bucking the broader move higher as it caught up with losses from the previous session.
Hong Kong’s market added 54.53, or 0.3 percent, to 20,987.78 and South Korea’s index rose 0.6 percent to 1,681.82.
Australia’s index gained 0.9 percent, lifted by shares of major resource companies after commodity prices edged higher. India’s market climbed 0.3 percent and Singapore shares rose 0.6 percent.
In oil, benchmark crude for May delivery was up 6 cents to $81.66 a barrel in Asia. The contract added 63 cents to settle at $81.60 on Monday.
The dollar was higher at 90.38 yen from 90.10 yen. The euro was off at $1.3521 from $1.3560.
In the U.S. Monday, markets were led higher by shares of drug and hospital companies after the
’s approval.
The Dow rose 43.91, or 0.4 percent, to 10,785.89, its highest level since October 2008.
The Standard & Poor’s 500 index rose 5.91, or 0.5 percent, to 1,165.81. The
rose 20.99, or 0.9 percent, to 2,395.40.