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Market Update : 
Europe Gains on Stronger Dollar
Author: Ivaylo Dagnev
123jump.com
Last Update: 6:34 AM EST November 29 2006



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European indexes have been under pressure in recent sessions as shares in exporters were hit by a weaker dollar. European shares broke a five-session losing streak on Wednesday, after comments from Federal Reserve chairman Ben Bernanke calmed down recent concerns about the strength of the U.S economy and as drug stocks got a boost from Pfizer. The U.K. FTSE 100 index rose 0.52%, the German DAX Xetra 30 index rose 0.47%, and the French CAC-40 index increased 0.54%.

 

 

 

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