U.S. stocks continue to rise in early trading Wednesday, the bank sector led the broader market. Portuguese government successfully issued bonds to investors at ease. Market for the banking industry some of the signs of hope to make a positive response.
EST at 10:38 on January 12 (Beijing time at 23:38 on January 12), the Dow Jones industrial average rose 77.62 points to 11,749.50 points, or 0.67%; the Nasdaq composite index rose 11.51 points to 2,728.34 points, or 0.42%; Standard & Poor's 500 index rose 8.03 points to 1,282.51 points, or 0.63%.
U.S. institutional investors market strategist at Cantor Fitzgerald Mark - Pardo (Marc Pado), "said the Portuguese successfully issued bonds on Wall Street today, played a catalytic role."
Successful sale of bonds by the Portuguese news driven, European stock markets rose Wednesday, a leading banking sector gains. Portuguese government successfully issued 1.25 billion euros (16.2 billion) debt. Portugal, the national debt is considered to be basically a win, but Portugal and other investors in the debt-ridden countries are still worried about the long-term prospects.
Pan-European Dow Jones Stoxx 600 index rose 1%, Spain IBEX 35 index rose 3.6%. Italian stock market have risen, the current increase of 2.8%.