DataBank: Major Indexes Gain as Global Markets Rebound
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Global stock markets bounced back last week, and on Wall Street the three major stock indexes posted healthy gains.
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Major indexes rose with light volume. After Tuesday's sell-off investors found value.
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Stock index futures rose on Monday, suggesting the market will rebound from last week's losses, after financial results from IBM  lifted the technology sector.
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Wall Street extended its rebound to a third session Friday, ending with a moderate advance after personal consumption data bolstered the outlook for the economy and interest rates. The major indexes finished the week with solid gains.
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Asian stock markets rebounded on Monday, with South Korea reaching a new peak as gains on Wall Street helped soothe worries about overheating in China's red-hot share markets.
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Stocks jumped on Thursday as a global rebound in equity markets gave investment banks a lift and U.S. retailers' posted generally strong monthly sales, stemming some concerns about the health of the U.S. economy.
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Global stocks posted fresh gains on  Friday, shrugging off an astounding $7 billion fraud at French  bank Societe Generale, while commodities rallied as a U.S. tax  stimulus package helped ease recession fears.
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Last week world stockmarkets delivered another solid performance with the majority of major markets consolidating recent gains.
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U.S. stock indexes gained on Monday as takeover news and strong profits from large-cap companies, such as Merck & Co. , reassured investors after a broad sell-off at the end of last week.
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The U.S. markets continued their dramatic recovery early this morning -- and so did European and Asian indexes -- as efforts to shore up the U.S. economy helped begin to calm a volatile climate for global stocks.
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Stocks rallied on Friday as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.
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China bounced back. Did your portfolio?
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U.S. stocks rebounded on Wednesday, with the S&P and Nasdaq rising more than 2 percent, led by technology companies as investors snapped up beaten down shares, while the energy sector benefited from a surge in oil prices.
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Europe&#39;s main stock markets rebounded on Thursday, mirroring an overnight rally on Wall Street.
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U.S. stocks have returned 6.47   percent to investors so far this year. But the rest of the   world has doubled that performance, chalking up 13.4 percent in   total returns, as measured by the Standard & Poor's/Citigroup   market indexes.
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Chinese stocks are back. For now, at least.
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U.S. stocks rebounded on Wednesday, pushing the Nasdaq to its best day in more than a year, as investors snapped up beaten down technology shares, while the energy sector benefited from a surge in oil prices.