Monday November 30th, 2015 10:19AM

Global stocks rise after upbeat US economic data

By The Associated Press
BEIJING (AP) -- Global stocks mostly rose Wednesday on upbeat data that reinforced confidence in the U.S. economic recovery.<br /> <br /> Oil edged up to stay above $104 a barrel as traders weighed the impact of conflicts in Ukraine and Libya.<br /> <br /> In early European trading, France's CAC 40 was little changed at 4,529.57 and Germany's DAX added 0.1 percent to 9,946.07. Britain's FTSE 100 gained 0.1 percent to 6,848.86.<br /> <br /> Futures augured more gains on Wall Street with Dow and S&P 500 futures both up 0.1 percent.<br /> <br /> Investors were encouraged by a government report that orders to U.S. factories for long-lasting manufactured goods rose unexpectedly in April, powered by a surge in demand for military aircraft.<br /> <br /> Also, the Conference Board's consumer confidence index rose in May to the second-highest level since January 2008, just after the start of the Great Recession.<br /> <br /> "The ongoing economic recovery is confirmed. Consumer confidence matched expectations," said Mizuho Bank in a report.<br /> <br /> In Asia, China's benchmark Shanghai Composite Index rose 0.8 percent to 2,050.23 and Japan's Nikkei 225 added 0.2 percent to 14,670.95.<br /> <br /> Hong Kong's Hang Seng advanced 0.6 percent to 23,080.03 and Sydney's S&P/ASX 200 closed up 0.3 percent to 5,527.20.<br /> <br /> In energy markets, benchmark crude for July delivery was up 20 cents to $104.31 in electronic trading on the New York Mercantile Exchange. The contract fell 24 cents to close Tuesday at $104.11<br /> <br /> The euro fell to $1.3622 from $1.3637 late Tuesday. The dollar dropped to 101.86 yen from 101.96 yen.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 10 months ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 10 months ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 10 months ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 10 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 10 months ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 10 months ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 10 months ago )
Local/State News
Standoff at Planned Parenthood ends with suspect's arrest; 3 killed, 9 wounded
COLORADO SPRINGS, Colo. (AP) — A gunman who opened fire inside a Planned Parenthood clinic was arrested Friday after engaging in gun battles with authorities during an hourslong standoff that killed t...
1:13AM ( 2 days ago )
White House undergoes Thanksgiving Day lockdown after man draped in American flag jumps fence
WASHINGTON (AP) — A man draped in an American flag climbed over the fence at the White House on Thursday, prompting a lockdown as the first family celebrated Thanksgiving.The man was immediately appre...
10:11PM ( 3 days ago )
Obama grants reprieve to turkeys 'Honest' and 'Abe' during White House ceremony
WASHINGTON (AP) — President Barack Obama spared two turkeys named for one of the nation's most admired presidents, continuing a White House tradition that provides a refreshing sense of amusement and...
9:18PM ( 4 days ago )
The Latest: UN Security Council strongly condemns 'horrifying' attack in Mali, urges probe
BAMAKO, Mali (AP) — The latest on the attack on a hotel in the Malian capital of Bamako. (All times local):___4:55 a.m.The U.N. Security Council is condemning "the horrifying terrorist attack" at the...
10:58PM ( 1 week ago )
World leaders vow vigorous response to Paris terror spree, but little indication of next steps
ANTALYA, Turkey (AP) — World leaders vowed a vigorous response to the Islamic State group's terror spree in Paris as they opened a two-day meeting in Turkey on Sunday, with President Barack Obama call...
2:14PM ( 2 weeks ago )