European markets were bounding back, partly helped by today's rally on Wall Street. In London, strength in telecoms and bank stocks brought the FTSE 100 back to life at midmorning, but the blue-chip proxy gave back some of that strength in afternoon trading. The FTSE ended the day up 39.90 to 6327.20. The FTSE opened down after information technology firm Sema ( SEMA) warned that its results for the second half of this year would miss targets. But strength in telecoms like Voadfone ( VOD) and British Telecom ( BT) and banks like Barclays ( BCS) won out and lifted the index into the green. Over on the continent, the Xetra Dax in Frankfurt stormed higher, lately up 90.03 to 6691. The CAC-40 in Paris was up 100.61 to 6153.65. The beleaguered euro was lately trading at $0.8399. Asian equity markets closed mixed overnight. In Tokyo, gains in high-tech stocks offset weakness in banks, which fell on credit risk worries. High tech stocks rose partly on strength in U.S. tech futures overnight. The Nikkei 225 added 14.04, or 0.10%, to 14,315.35. The greenback jumped higher to 111.19 yen. Hong Kong's Hang Seng index fell on weakness in telecom stocks on concerns over the Chinese governments plans to change mobile phone tariff regulations. Shares in China's two biggest cellular phone operators China Mobile and China Unicom led losses on the index, which closed down 1.28% to 14,376.90. Back to top
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from World
Short-Term Versus Long-Term Investing: Which Is the Better Investment?
Should investors consider short-term or long-term investing when they compile their portfolio? Here's what Carol Schleif, deputy chief investment officer at Abbot Downing.
'Listen Here Knuckleheads:' Cramer Talks the Trade War, What It Means for Tesla
Jim Cramer broke down why markets are finally pricing in the impact of a trade war with China, as Wall Street turns increasingly negative on Real Money Stock of the Day Tesla and digests earnings from L Brands, Best Buy and looks ahead to Foot Locker earnings before Friday's opening bell.
Jim Cramer: Wait for Trade and Infrastructure News to Hit Prices
Then is the time to buy -- and it should soon be here.
Tech Trade War, Best Buy, Tyson Foods, L Brands, Boeing - 5 Things You Must Know
U.S. stock futures point lower and global stocks decline as the U.S.-China trade dispute intensifies; Apple and Tesla extend declines amid worries of a damaging tech cold war; Tyson Foods is looking to set up a beef-processing plant in Kazakhstan to avoid Chinese tariffs, a report says; L Brands soars after lifting its earnings guidance.