The Nikkei gained 2% sparked by the news. Among gainers were Sharp adding 8.2%, recently
inconsistent Canon adding 3.5, TDK with 4.8 and Mazda up 3%.
The Hang Seng added 2.5% with every stock in the index gaining except Want Want China Holdings who
All indexes in Europe are currently up, hitting 4 week highs, with the FTSEurofirst 300 up 1.4%. Spanish
banks, the target of the bailout, all rose with Banco Santander adding 3.9%, Bankia adding 8, UniCredit
up 1.5 and Credit Agricole putting up 3.7%.
In commodities crude is up while gold and silver are pretty flat and natural gas down around 1%.
Apple may be a stock to watch for the week with the Apple conference kicking off today where they will
unveil the next iOS operating system for the iPad and iPhone and updates for the MacBooks.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
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