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Markets in Europe were sharply higher at 5.30 AM New York time.
The FTSE rose 1.1% to 6,290. Barclays was up 2.1% to 745. BP was up .7% to 571.5. British Airways was up 2.7% to 641. BT was up 2.1% to 307.75. GlaxoSmithKline was up .9% to 1356. Prudential was was up 1.6% to 711. Reuters was down .2% to 444.25. Unilever was up .7% to 1438. Vodafone was up 1.2% to 143.25.
The DAXX rose 1% to 6,663. Bayer was up .4% to 40.82. Daimler was up 1.8% to 47.64. DeutscheBank was up 1% to 102.37. Deutsche Telekom was up .6% to 13.92. Siemens was up 1.3% to 76.09.
The CAC 40 rose 1.3% to 5,612. Alcatel Lucent was up 2.3% to 11.15. AXA was up 1.2% to 31.04. France Telecom was up 1.6% to 21.28. Vivendi was up 1.8% to 30.14. ST Micro was up .4% to 14.13.
Data from Reuters
Douglas A. McIntyre