World stocks mostly higher on US optimism
Source: AP-EXCITE
By KELVIN CHAN
HONG KONG (AP) — World stock markets mostly rose Monday on investor optimism about the U.S. economy, hints from China about further stimulus and weakness in the yen.
Markets in Asia were supported by Friday's Commerce Department report that new home sales rose 6.4 percent in April to a seasonally adjusted 433,000 after falling in the previous two months. Demand for new homes has been one of the last missing pieces as the U.S. economy, the world's largest, recovers from the global financial crisis.
Investors were also heartened after the Standard & Poor's 500 finished 0.4 percent higher at 1,900.53, the first time it has ended above the 1,900 level.
Remarks by Chinese Premier Li Keqiang that suggested Beijing is preparing further mini-stimulus measures to support the economy gave a lift to Chinese shares.
FULL story at link.
Read more: http://apnews.excite.com/article/20140526/world_markets-bd43c569dd.html
= new reply since forum marked as read
the faltering of other national economies has nothing to do with it 
Chinas day has long been coming and they are delaying the inevitable ..
