Stock market: Monday results.[E]

Closing:
Nikkei +82.17 (+0.60%) 14,833.01
FTSE 100 -34.40 (-0.61%) 5,620.90
DOW -101.26 (-0.93%) 10,790.66
NASDAQ -43.74 (-2.05%) 2,091.32
S&P500 -16.10 (-1.29%) 1,236.20
10YR 101 3/32 -2/32 4.98%

Japan stock market on Monday has returned some gains lost on a prior week as a result of a strong data issued.
Economy expand exceeded expected one due to corporate investments and consumer charges growth in a country.
Among the leaders were such retailers as Aeon Co. and consumer products manufacturers especially Canon Inc.
The second retail giant in Japan Aeon lifted on 3.2%, Daiei Inc. on 2.4%, and Mitsubishi Estate Co., huge developing company, added 2.1%.
Canon shares grew on 1.3%, and Matsushita Electric Industrial Co., the largest world manufacturer of consumer electronics, added 1.5%.

Fears on rates hike and economy growth slow down led to EU stock markets drop.
The main losers appeared the companies of mining sector caused by copper fallen continuation. One more negative factor became decrease in activity in M&A sphere. Arcelor shares felt after Mittal Steel message that it wont improvements financial parameters of its offer on a company absorption. Rio Tinto decreased on 1.2 %, BHP Billiton - on 1.5 %.
Ericsson, the manufacturer of telecommunication equipment, lost 1.4 % after signing the agreement on sale of its branch of military electronics to a Swedish Saab. Saab shares jumped up on 2.8 %.

Wall Street set to gains on Monday.
Main indexes opened with insignificant growth and continued tendency with consolidation near zero-level in a first half of a day.
Considering absence of economic data, M&A and corporate news there were few reasons for optimism after serious market falling last week when indexes lost from 3 % to 4 %. On Friday eve Trade workers union of motor industry and the gone bankrupt manufacturer of automobile spare parts and accessories Delphi send to the agreement concerning the severance pay to members of trade union.
As a result the risk of strike at the enterprise which is the General Motors supplier decreases.
Dow company GM added 1.6% on Friday and almost 3% on Monday. Ford Motor also traded in a blue zone.
At the eve indexes decreased to session flours due to investors focus on technical and financial sectors.
Nevertheless Lehman Brothers highlighted stronger than expected Q-results investors do not hurry to buy brokerтАЩs sector shares and now wait for the rival reports such as Goldman Sachs and Bear Stearns, that will be presented by the end of this week
The day closed with much more activity that led indexes to recover session minimum and close in that area.
Nasdaq got the main losses and dropped on 4.0%.
Oil fall to $70.40/barrel (-1.7%) caused sales in an energy sector(-1.6%), the main outsider for Monday trades.
Trade volumes : NYSE 1.051 bln. shr; Nasdaq 2.01 bln.