HONG KONG – World stocks marched higher Tuesday after Japan’s factory output grew again after a record drop and investors got a shot of confidence from efforts to ease Greece’s debt crisis.
Oil prices rose to near $102 a barrel, and the dollar strengthened against the yen but weakened against the euro.
In early European trading, Germany’s DAX jumped 2 percent at 7,271.56 and France’s CAC 40 added 1.6 percent to 4,604.51. The FTSE 100 index of leading British shares was up 1.4 percent to 6,001.14.
U.S. stocks were poised to rise. Dow futures were up 0.9 percent to 12,541 while SP 500 futures were up 0.9 percent to 1,342.20.
Japan’s Nikkei 225 stock average rose 2 percent to close at 9,693.73. Industrial output rose a modest 1 percent in April after a record 15.5 percent drop in March, when the country’s economy was slammed by supply disruptions in the wake of the twin
Read More from the Article Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20110531/ap_on_bi_ge/world_markets
