December 12, 2013
LONDON (AP) — Most European stocks are getting a boost today from Germany's parliament overwhelmingly approving the strengthening of a bailout fund intended to help European countries mired in debt crises.
Germany's acceptance of a beefed-up rescue fund could go a long way to shore up Europe's defenses against a crisis that has already seen three countries bailed out and stoked talk that Greece will default.
Stocks are up in Germany and France, but leading British shares have been underperforming, trading slightly down.
Earlier, stocks in Japan and South Korea closed up, but Shanghai's market finished down.
Wall Street is hoping for solid gains at the open, with Dow and S&P futures up.
(Copyright 2011, The Associated Press)
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