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– Wall Street powers on –
The Dow was headed upwards again, pushing against the 26,000 level, helped by strong industrial production figures.
Industrials were firmer across the board, offsetting some sharp weakness in banking stocks after poor results from Goldman Sachs and Bank of America, who both saw their stocks dive, along with other financials.
“US stocks are regaining upward momentum after stumbling late yesterday, even as earnings results from Dow member Goldman Sachs and Bank of America are being met with some Street scrutiny,” the Charles Schwab brokerage said in a note to clients.
In Asia earlier, Hong Kong stocks hit an all-time high to break a record that had been in place for more than 10 years.
However, most other regional markets fell into the red with energy firms rocked by lower oil prices.
– Key figures around 1635 GMT –
London – FTSE 100: DOWN 0.4 percent at 7,725.43 points (close)
Frankfurt – DAX 30: DOWN 0.5 percent at 13,183.96 (close)
Paris – CAC 40: DOWN 0.4 percent at 5,493.99 (close)
EURO STOXX 50: DOWN 0.3 percent at 3,612.78
New York – DOW: UP 0.6 percent at 25,943,30
Tokyo – Nikkei 225: DOWN 0.4 percent at 23,868.34 (close)
Hong Kong – Hang Seng: UP 0.3 percent at 31,983.41 (close)
Shanghai – Composite: UP 0.2 percent at 3,444.67 (close)
Euro/dollar: DOWN at $1.2235 from $1.2259 at 2200 GMT
Pound/dollar: UP at $1.3827 from $1.3794
Dollar/yen: UP at 110.76 yen from 110.53 yen
Oil – Brent North Sea: DOWN 3 cents at $69.12 per barrel
Oil – West Texas Intermediate: UP 1 cent at $63.74
