Accessibility links

Breaking News

European Markets Higher at Midday

European stock markets are sharply higher in midday trading Monday.

London's Financial Times 100 index was up 167 points (4.4 percent), to 3,948. The CAC-40 in Paris was up 130 points (4.5 percent), to 3011. And the DAX in Frankfurt was up 147 points (3.6 percent), at 4274.

The S&P futures contract was up 13 points, indicating a higher opening for U.S. markets.

In Asia, Tokyo markets were closed for a national holiday. They will reopen Tuesday. In Hong Kong, the Hang Seng index dropped 201 points (1.6 percent), to close at 12,458.

Gold was trading at $816.31 an ounce.

The U.S. dollar was steady against other major currencies.