Asia, Europe Follow US Rally

Nikkei posts biggest gain in 6 weeks
By Jason Farago,  Newser Staff
Posted Mar 11, 2009 6:04 AM CDT
Asia, Europe Follow US Rally
A woman checks out stock price updates on the electronic stock board of a securities firm in Tokyo, Japan, Tuesday, March 10, 2009.   (AP Photo/Itsuo Inouye)

Yesterday's big day on Wall Street sparked a bull run on Asian markets today, with the Nikkei posting its biggest rise in 6 weeks, Reuters reports. The Tokyo exchange surged 4.6% off a 26-year closing low, with Toshiba and other tech stocks leading advances. Markets in Europe opened down but had moved into the black by midmorning, with banks ranging from Barclays to Société Générale up by as much as 10%.
(More Asian markets stories.)

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