This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Deal: European Stocks Trade Mostly Higher; Asia Follows U.S. Lead

LONDON (The Deal) -- Royal Bank of Scotland (RBS - Get Report) led the London market up Monday morning as reports said the government will not opt for the nuclear option of fully nationalizing and then splitting the bank, which is currently about 80% government-owned, but will instead try and set up a bad bank inside the existing institution.
Meanwhile, security services group G4S saw its shares rise on its rejection of a $2.5 billion private equity bid by private-equity firm Charterhouse Capital Partners for its cash solutions business. It said the bid undervalued the unit.
In Germany, the Dax was up about 0.16% to over 9000, on solid company earnings, as well as optimism following Friday's example in New York while in Paris the CAC 40 was down by about 0.1% amount in early trading.
In Asia, stocks also followed the U.S. lead of Friday, heading up on the belief that then Federal Reserve's taper will now be postponed until next year.
Japan's Nikkei 225 climbed 2.2%, nearly reversing the 2.75% decline on Friday.
Hong Kong climbed 0.6% to 22,806.6 on solid earnings figures from the Chinese insurance sector.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
RBS $10.74 1.03%
AAPL $130.28 0.47%
FB $81.53 -1.07%
GOOG $565.06 3.30%
TSLA $218.42 -0.08%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs