New York - Major US stock indices closed higher for the third straight trading day Tuesday as better-than-expected company earnings and hopes for an economic stimulus eclipsed a record decline in consumer confidence and more job cuts.
American Express Co shares rose nearly 10 per cent on a positive fourth-quarter earnings report. Computer chipmaker Texas Instruments Inc's shares jumped 3.7 per cent as its fourth-quarter profit beat analyst forecasts and the company announced it was shedding 12 per cent of its workforce to counteract slowing demand.
New Delhi - Indian stocks rose nearly 4 per cent Tuesday after the Reserve Bank of India lowered its inflation forecast.
The 30-share Sensex index of the Bombay Stock Exchange gained 329.73 points, or 3.8 per cent, to close at 9,004.08. All sectors of the benchmark index ended with gains.
The broader 50-share Nifty of the National Stock Exchange also was up 92.8 points, or 3.46 per cent, at 2,771.35.
Market analysts told the PTI news agency that trading sentiment was buoyed after the central bank predicted that inflation would ease to below 3 per cent by the end of India's financial year on March 31.
Tokyo - The Tokyo market soared nearly 5 per cent to close Tuesday trading as investors returned to buy back battered shares after the benchmark Nikkei 225 Stock Average hit a three-month low the previous day.
The Nikkei index surged 378.93 points, or 4.93 per cent, to 8,061.07, and the broader Topix index of all first section issues also rose 37.21 points, or 4.84 per cent, to 805.49.
On currency markets at midday (0300 GMT), the dollar traded at 89.70-75 yen, up from Monday's 5 pm quote of 88.61-64 yen.
Tokyo - Stocks ended Tuesday morning trading higher in Tokyo as investors bought back battered shares after the benchmark Nikkei 225 Stock Average hit a three-month low the previous day.
The Nikkei index ended morning trading up 267.93 points, or 3.49 per cent, at 7,950.07, and the broader Topix index of all first section issues also rose 26.59 points, or 3.46 per cent, to 794.87.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 89.25-30 yen, up from Monday's 5 pm quote of 88.61-64 yen.
Tokyo - Tokyo ended Wednes
New York - Major US stock indices closed higher for the third straight trading day Tuesday as better-than-expected company earnings and hopes for an economic stimulus eclipsed a record decline in consumer confidence and more job cuts.
New Delhi - Indian stocks rose nearly 4 per cent Tuesday after the Reserve Bank of India lowered its inflation forecast.
Tokyo - The Tokyo market soared nearly 5 per cent to close Tuesday trading as investors returned to buy back battered shares after the benchmark Nikkei 225 Stock Average hit a three-month low the previous day.
India equities opened the week on a firm note 
Tokyo - Stocks ended Tuesday morning trading higher in Tokyo as investors bought back battered shares after the benchmark Nikkei 225 Stock Average hit a three-month low the previous day.
