MARKETS
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World Shares Rise After Wild Dow Swing
Tokyo, London advance after Wall Street's crazy day
By Jason Farago
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Posted Nov 14, 08 5:14 AM CST
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(Newser)
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Asian and European markets rose today, reacting to the sharp swing from negative to positive in New York yesterday. In Tokyo the Nikkei gained 2.7%, while the FTSE in London was up 3.3% in mid-morning trading. Bargain-hunting investors pounced on undervalued financial stocks: Anglo American jumped nearly 10% in early trading while Man Group advanced 6.5%.