NEW YORK ( TheStreet) -- It has been a positive week for global markets. Although the eurozone crisis has yet to be averted, news of BP (BP) setting aside $20 billion in an escrow account cheered the markets and offset disappointing housing and jobless claims data.During the past week, the S&P 500 gained 2.7% while the Dow Jones Industrial Average increased 2.6%. The Shanghai Composite Index rose 1.3%, India's Nifty index was up 3.4% and Brazil's Bovespa gained 2.4%.
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