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Jul 22, 2011

Greece Reach Bailout Response: Sweet! Wall Street Gains Predicted

NEW YORK - Wall Street predicted to be stronger in trade on Friday (22 / 7). Bailout deal for Greece andthe handling of the U.S. debt markets have been easing worries over the years.

Dow Jones is expected to rise 50 points, the S & P will go up 4.10 points and the Nasdaq composite index rose 3.25 points predicted. In trading Thursday, the issuer's earnings have pushed the index to survive in the positive zone.

Asian stocks rose today in Europe plan to give aid to Greece stimulus. Nikkei Exchange in Japan and the Kospi in South Korea, respectively up 1.2%. TAIEX index in Taiwan, rose 0.6% and Hang Seng in Hong Kong led gains in the APAC region with 2.1%. While the Shanghai Composite Index rose 0.2% and Australia 1%.

Likewise, a strong European exchanges such as the FTSE index rose 0.8% to 5952, the DAX rose 0.5% to 7328 and the CAC up 0.08% to 3849.

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