New York stock market rebounded strongly

As the Federal Reserve plans to extend the emergency loan period, as well as from the company's good news for the market has played a supporting role on the 2nd New York stock market rebounded strongly, the three major indexes rose more than 3% of the span 1 of the three major New York stock indexes fell more than 7 percent, the stock market opened on the 2nd, hunters admission of investors and promoting the main stock index opened higher span In Citigroup and Bank of America under the leadership of the financial sector led the market on the same day the Federal Reserve announced that it would span the three emergency loan program for the period from January 30 to extend the April 30, aimed at unfreezing the financial market situation of tight span In addition, Dow component General Electric shares are expected fourth-quarter net earnings would be in line with previous expectations, and reaffirmed the 2009 plan for dividend payments, investors have been encouraged by the span On the same day, the auto industry once again become the focus of investor attention span Ford to take the lead in the U.S. Congress to submit a revised reform plan, hoping to obtain a maximum of 90 million dollars worth of loans at the same time span Ford in 2011 is expected to break even or be profitable span, however, General Motors of the United States in November car sales plummeted 41%, Ford and Toyota's North American sales in November were down more than 30%, indicating the auto industry still faces severe situation in the span New York stock market closed, the Dow Jones industrial average price index over the previous trading day up 270 points to close at 8419.09 points, or 3.31 percent to span the Standard & Poor's 500 index rose 32.60 points to close at 848.81 points, or 3.99 percent for the span and the Nasdaq composite index rose 51.73 points to close at 1449.80 points, or 3.70 percent span Major European stock markets also rose on the same day span London stock market, "Financial Times" 100 Share Index rose 1.41 percent to close at 4122.86 points span Frankfurt DAX stock index rose 3.12 percent to close at 4531.79 points span of the Paris CAC40 stock index rose 2.35 percent , To close at 3152.9 points span European stock markets closed higher on the 2nd By banks and energy stocks boost stocks rise, the European stock market trading in the 2 concussion in high close, the Dow Jones Stoxx 600 index rose 1.7 percent, to 197.20 points. Comprehensive news coverage on December 2, Europe 2, the stock market closed higher, after volatile, as a result of bank stocks rebounded from earlier declines, and energy stocks boosted by the rebound in oil prices. In addition, British Airways is on the potential merger negotiations. The Dow Jones Stoxx 600 index rose 1.7 percent, to 197.20 points, mainly by France's Total and other oil producers as well as stocks of the National Bank of Spain, and other bank shares to boost prices. The Total rose 2.9 percent, the National Bank of Spain rose 6.5 percent. German DAX 30 index rose 3.12 percent to 4,531.79 points. UK FTSE 100 index rose 1.41 percent to 4122.86 points. French CAC 40 index rose 2.35 percent to 3,152.90 points. Strategist has said that European stock markets may have been the end of November at the bottom, starting at the end of a rebound, but the rebound will be a very small margin, the market is extremely volatile. 2 data showed the euro zone in October producer price index (PPI) fell 0.8 percent, economists had expected to decline 0.3 percent. Tesco rose 13 percent, of its 13-week sales rise 11.7 percent of the total, the United Kingdom same-store sales rose 2 percent, better than expected performance. British Airways shares soared 12.5 percent, the company said before, the airline is working with Australia to conduct negotiations on mergers and acquisitions. At the same time, British Airways and Spanish airline Iberia is also the merger talks. Iberia rose 9.5 percent. Bank stocks, Royal Bank of Scotland to highlight the performance, which rose 16.8 percent, to Merrill Lynch prior to the start line as a buy rating.