Analytics, News, and Forecasts for CFD Markets: stock news — 30-03-2012.

European stocks rose, capping the best first-quarter rally for the Stoxx Europe 600 Index since 2006, as euro-area finance ministers set the overall ceiling for the rescue of the region’s indebted nations at $1.1 trillion.

Euro-area ministers, meeting in Copenhagen today, set the maximum lending volume of the proposed European Stability Mechanism at 500 billion euros ($667 billion) and the combined lending ceiling of the ESM and the temporary fund -- the European Financial Stability Facility -- at 700 billion euros.

This, in addition to the 102 billion euros already paid to support current rescue programs, takes the total size of the firewall to 800 billion euros, the Eurogroup said.

National benchmark indexes rose in all of the 18 western European markets, except Greece. Germany’s DAX Index gained 1 percent. The U.K.’s FTSE 100 added 0.5 percent and France’s CAC 40 advanced 1.3 percent.

Daimler rose 2.1 percent to 45.21 euros as a gauge of carmakers was the best-performing group in the Stoxx 600. Bank of America recommended buying Daimler’s shares, saying the company “is finally cutting out costs, reducing complexity, simplifying engineering and refreshing the product portfolio.”

Bayerische Motoren Werke AG (BMW) advanced 2.4 percent to 67.43 euros. Preferred shares of Volkswagen, Europe’s largest maker of automobiles, gained 1.5 percent to 131.55 euros.

Michelin & Cie., the world’s second-largest tiremaker, climbed 2.4 percent to 55.83 euros and Continental AG rallied 3.1 percent to 70.77 euros.

BHP Billiton, the world’s biggest mining company, added 1.6 percent to 1,907.5 pence as a gauge of basic-materials shares rose 2.6 percent. Rio Tinto Group, the third-largest mining company, gained 2.1 percent to 3,446 pence.

U.S. stocks rose, extending the biggest first-quarter advance since 1998 for the Standard & Poor’s 500 Index, as stronger-than-forecast growth in consumer sentiment and spending bolstered optimism in the economy.

Stocks rose today as government data showed U.S. consumer spending increased 0.8 percent in February, the most in seven months. Separately, the Thomson Reuters/University of Michigan final index of consumer sentiment for March rose to 76.2. Economists projected a reading of 74.5.

Investors also watched the latest attempts in taming Europe’s debt crisis. European (SXXP) governments capped fresh rescue lending at 500 billion euros ($666 billion), after a Germany-led coalition opposed a further expansion of the firewall.

Dow 13,202.92     +57.10 +0.43%, Nasdaq      3,098.50       +3.14   +0.10%, S&P 500   1,408.71       +5.43         +0.39%

Nine out of 10 groups in the S&P 500 rose today as health- care, consumer staple and energy companies had the biggest gains. Twenty-seven out 30 companies in the Dow advanced.

Halliburton, the world’s largest provider of hydraulic-fracturing services, rose 1.5 percent to $33.26. Monsanto, the world’s largest seed company, gained 1.3 percent to $79.94.

Cabot Oil & Gas Corp. climbed 2.5 percent to $31.01. The 4.8 percent drop in the oil and gas company’s shares yesterday after the occurrence of a flash fire at the Williams Partners LP-operated Lathrop compressor station in Pennsylvania was “overblown,” JPMorgan Chase & Co. said in a note.

Walt Disney (DIS) added 1.4 percent, the biggest advance in the Dow, to $43.59 after Lazard raised its recommendation for the shares to buy from neutral.

Apple, the most valuable technology company, lost 1.4 percent to $601.52. Profit margins are poised to start falling in the U.S. as they have worldwide, according to Pierre Lapointe, Brockhouse & Cooper Inc.’s global macro strategist.

Resistance 3:1420 (Mar 27 high)

Resistance 2:1412 (Mar 28 high)

Resistance 1:1406 (session high)

Current price: 1398,50

Support 1:1397 (session low)

Support 2:1388 (support line from Mar 23)

Поддержка3:1380 (Mar 23 low)

U.S. stock futures rose as larger-than-forecast growth in consumer spending bolstered optimism in the economy.

Stock futures rose today as government data showed U.S. consumer spending increased 0.8% in February, the most in seven months and more than the median economist estimate of 0.6%, signaling the biggest part of the economy is strengthening. Another report may show consumer sentiment held near a one-year high.

Investors also watched the latest attempts in taming Europe’s debt crisis. Adding the 300 billion euros already committed to Greece, Ireland and Portugal, euro-area finance ministers put the overall size of the firewall at 800 billion euros. Finance ministers ruled out using the 240 billion euros left in the temporary rescue fund to go beyond that.

Global Stocks:

Nikkei  10,083.56 -31.23 -0.31%

Topix 854.35 -3.39 -0.40%

Hang Seng 20,555.58 -53.81 -0.26%

Shanghai Composite 2,262.79 +10.63 +0.47%

FTSE  5,775.51 +33.48 +0.58%

CAC  3,421.78 +40.66 +1.20%

DAX  6,936.31 +61.16 +0.89%

Crude oil $103.44 (+0.6%).

Gold $1669.70 (+0,9%).

Asian stocks swung between gains and losses as the region’s benchmark equity index headed toward its biggest quarterly gain since 2010. Japanese manufacturers slid after the nation’s industrial production unexpectedly fell and investors waited for U.S. data on income and spending.

Nikkei 225 10,083.56 -31.23 -0.31%

Hang Seng 20,555.58 -53.81 -0.26%

S&P/ASX 200 4,335.24 -2.66 -0.06%

Shanghai Composite 2,262.79 +10.63 +0.47%

Industrial & Commercial Bank of China Ltd., the world’s most profitable lender, climbed 1.6 percent after posting earnings that exceeded estimates.

Fanuc Corp., Japan’s biggest maker of factory robots, fell 2.3 percent.

Sun Hung Kai Properties Ltd., the world No. 2 real estate company, plunged 12 percent in Hong Kong after the firm’s co-chairmen were arrested in a corruption probe.

Change % Change Last

Nikkei 225 10,114.79 -67.78 -0.67%

Hang Seng 20,609.39 -276.03 -1.32%

S&P/ASX 200 4,337.9 -5.61 -0.13%

Shanghai Composite 2,252.16 -32.72 -1.43%

FTSE 100 5,742.03 -66.96 -1.15%

CAC 40 3,381.12 -49.03 -1.43%

DAX 6,875.15 -123.65 -1.77%

Dow 13,145.82 +19.61 +0.15%

Nasdaq 3,095.36 -9.60 -0.31%

S&P 500 1,403.28 -2.26 -0.16%