NEW YORK (
) -- A triple-digit gain for the
Dow Jones Industrial Average
led Asian and European shares higher Wednesday.
In Tokyo, the Nikkei 225 stock average gained 2.7% to 10,306.83. The Hang Seng in Hong Kong finished 1.3% higher on Wednesday. Markets in China are closed for the week for the Lunar New Year holiday.
London stocks gained 0.6%, while shares in Frankfurt and Paris were rising 1% and 1.6%, respectively, as of 5:45 a.m. EST.
The Dow rose 169.67 points, or 1.7%, to 10,268.81 on Tuesday. The
index rose 19.36, or 1.8%, to 1,094.87, while the
index climbed 30.66, or 1.4%, to 2,214.19.
Markets were buoyed Tuesday by good earnings reports from the likes of
Abercrombie & Fitch
. And problems in Greece, that have befuddled investors recently, have abated somewhat after Eurozone countries gave Greece a month to show improvement in its high debt levels.
are scheduled for release after the market closes Wednesday.
Premarket futures in the U.S. suggest stocks will open higher on Wall Street Wednesday.
-- Reported by Joseph Woelfel in New York.
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