Share in Asia closed higher, mostly because of a strong jobs report and positive data on economic activity in the US.
The Nikkei was up .25% the last trading day of the week to 8,398. The Hang Seng was up 1.43% to 18,285.
Early in the sessions, the FTSE 100 was higher by .86% to 5,448. The DAX rose .6% to 5,765.
Europe was aided by an advance in mining stocks.
According to MarketWatch,
A bright spot for markets was mining stocks, as base- and precious-metals prices rose after sharp falls this week.
Rio Tinto (NYSE: RTP) and BHP Billiton (NYSE: BHP) were both sharply higher.
The action probably means that the US will open with gains, due also in part to yesterday’s news. The one largest exception will be Research In Motion (NASDAQ: RIMM) which posted very poor earnings and gave a weak outlook. The company also said it sold only 150,000 of its Playbook tablet PCs and that its new Blackberry smartphone platform will be delayed until 2012.
Smart Investors Are Quietly Loading Up on These “Dividend Legends”
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
