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That shows stronger growth, and may bolster optimism that the region is putting the ravages of the debt crisis behind it.
Re "An Echo Chamber of Boom and Bust" (Economic View, Aug. 30), in which Robert J. Shiller said a "contagion of ideas" was guiding a rebound in global economic confidence: Mr. Shiller is often right about the markets, but I disagree with the view that the mass media are helping to bolster optimism this time.
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Stocks rose on Friday as higher-than-estimated data on consumer confidence and manufacturing bolstered optimism about the economy.
The announcement bolstered optimism, easing many investorsconcerns as to when EchoStar would announce retransmission agreements, analysts and investors said.
The stock indexes in the United States ended mixed on Thursday, but banks and technology companies rallied and employment data bolstered optimism in the economy.
Stocks rose for a second week as Hosni Mubarak's resignation in Egypt and a jump in American consumers' confidence bolstered optimism in the global economic recovery.
A strong economy and the passage through Parliament of the largest tax cuts in Germany for many years have bolstered optimism and increased Mr. Schroder's popularity.
Stocks rose yesterday after an analyst's bullish call on Cisco Systems Inc. and a higher profit forecast from Procter & Gamble bolstered optimism that economic growth would accelerate.
Stocks rose Wednesday, extending the biggest first-quarter rally in 13 years for the Standard & Poor's 500-stock index, as a report showing companies added more workers in March bolstered optimism about the economy.
Treasuries Advance (By Bloomberg News) -- Treasury bond prices rose yesterday, as signs of slower growth and inflation bolstered optimism that the Federal Reserve was near the end of a cycle of interest rate increases.
European stocks also advanced as a report that increased worldwide sales of chip-making equipment in December bolstered optimism about the outlook for companies like Infineon Technologies and STMicroelectronics, the region's two biggest chip makers.
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