World Shares Rise After Wild Dow Swing

Tokyo, London advance after Wall Street's crazy day
By Jason Farago,  Newser Staff
Posted Nov 14, 2008 5:14 AM CST
In Tokyo the Nikkei closed up 2.7%.   (©Alfonso Jiménez)
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(Newser) – 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%.
(Read more Asian markets stories.)