Stock market. Wednesday results [E]

Closing:
NIKKEI +63.02 (+0.4%) 14500.26
FTSE 100 +96.30 (+1.6%) 5778.00
DOW +211.47 (+1.96%) 11010.70
NASDAQ +37.04 (+1.81%) 2080.26
S&P 500 +22.72 (+1.84%) 1259.58
10YR +20/32 100 17/32 5.05%

Japan stock market rose on Wednesday, as Nikkei 225 strengthened for a first time in 6 days. Toyota Motor Corp. was a leader. Its rise was caused by oil prices fell to weekly low and weakening of fears the Middle East conflict will stimulate speculative oil demand.
Internet companies’ shares, including Yahoo Japan Corp., fell after Yahoo! Inc. in USA said about profit drop.

EU markets also closed with growth. Indexes reached monthly high after Fed Chairman Ben Bernanke signaled a possible pause of tighening monetary control. Axa SA (+4%) and Deutsche Bank AG (+4.3%) shares were gainers among financial companies.
ASML stocks rose 6.4% after it announced profit’s growth in Q2 on 49% to E67.1 bln. ($209 bl,

Wall Street showed rally on Wednesday after Fed Chairman Ben Bernanke didn’t signal on interest rate increase in August.
However, after the bell technological Nasdaq was under pressure, after Internet portal Yahoo! showed its quarterly results and profit forecasts, which disappeared investors. On Tuesday after close, Yahoo! highlighted quarterly report. It showed earnings didn’t justify forecasts and profit per share was as expected. Company disappeared by earning forecast for Q3. It was below Wall Street forecast.
IBM has slightly gained after company Q-earnings report testified a record Q2 profit per share which topped estimations.
Corporate news: Boeing Co. informed about orders in $3.3 bln. from UAE to make 10 747 and also Boeing-787 from leasing company in San-Francisco based Pegasus Aviation Finance Co.
Bp Plc plans to close 12 wells in North Slope, Alaska.
Lehman upgraded Nokia Corp. to "Overweight" from "Equal Weight".
Novartis A G plans to start vaccine factory building in the USA for.
Rio Tinto Plc said about record earnings from ire ore and cooper extracting. It caused by high prices for both metals in the world.
Before the bell the Department of Commerce published an inflation data which showed June CPI rose 0.2% versus May +0.4%. Besides the core CPI ex. food and energy added +0.3% exceeding average forecasts in +0.3%.
The separate report showed Building permits’ 4.3% drop to 1.862 m. y/y. Meanwhile Housing starts fell 5.3% to 1.850 m. y/y.
Oil continued weekly correction. American light oil fell to $72.55 to the end of a day. As to EIA report last week oil inventories grew on 0.2 m barrels to 335.5 m barrels.
Trade volumes: NYSE – 1.55 bln.; Nasdaq – 1.98 bln.