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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (63570)	5/9/2002 4:02:59 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Techs lead stock market surge Thursday, 9 May, 2002, 07:05 GMT 08:05 UK Investors forget their previous troubles for a while news.bbc.co.uk European stock markets are set to rise on opening, extending gains seen on the back of increased confidence in US tech stocks. With trading likely to be light in Europe as many countries celebrate the Ascension Day holiday, the US effect will probably be paramount - although a decision on UK interest rates due at lunchtime will also play a part. The effects have already been seen in Japan, where the benchmark Nikkei 225 index ended the its second straight session of gains up almost 1% or 112.55 points at 11,633.30. Wednesday night saw an explosive rally in US techs as the key Nasdaq index rose 8% following news of a threefold increase in profits at internet equipment maker Cisco Systems.