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Market Update : 
Ericsson, Financials Lift Stocks
Author: 123jump.com Staff
123jump.com
Last Update: 6:23 PM EDT April 25 2008


European markets edged higher on rising commodities, energy and financial stocks. UK reported its first quarter 2008 GDP growth of 0.4% after rising at 0.6% in fourth quarter of 2007. Crude oil futures rebounded on continued supply disruptions from Nigeria, new troules in the Middle East and BP action ahead of strike. Ericsson surged after it reported rise in sales and better than expected earnings. Valeo SA, auto parts maker rose after earnings rise on cost cutting.

 

 

 

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