Thursday Morning Recap: More Strong Earnings Help Boost Global Indices

HedgeFundLIVE.com — Morning Notes

- Markets are up this morning, and again, strong earnings seem to be boosting the indices
- Last night, AAPL and QCOM reported solid earnings
- Some Dow stocks—MCD, VZ, GE, TRV—all beat expectations as well
- In Europe, German IFO came in lower than expectations (only a slight miss, however)
- UK Retail Sales came in better than expected
- Gold continues to rally
- Hang Seng closed up 1%, Nikkei up 80bps, Shanghai Comp up 70bps

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Source: http://www.businessinsider.com/thursday-morning-recap-more-strong-earnings-help-boost-global-indices-2011-4

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