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| Version 1 | Version 2 |
|---|---|
| Calm returns to global exchanges | Calm returns to global exchanges |
| (about 3 hours later) | |
| Calm has returned to global markets, with European shares opening higher after earlier Asian gains and an overnight recovery on Wall Street. | Calm has returned to global markets, with European shares opening higher after earlier Asian gains and an overnight recovery on Wall Street. |
| Despite ongoing concerns regarding the US economy, confidence has returned following strong results from Apple. | Despite ongoing concerns regarding the US economy, confidence has returned following strong results from Apple. |
| The computer firm posted a 67% rise in quarterly profit overnight. | The computer firm posted a 67% rise in quarterly profit overnight. |
| London's main FTSE 100 index had added 74 points or 1.1% to 6,533 by late morning, while Frankfurt's Dax was up 0.5%, and Paris' Cac had gained 0.7%. | |
| Caterpillar warning | Caterpillar warning |
| Tokyo's Dax had earlier closed Tuesday up 12 points to 16,451, with analysts saying Japanese shares were also benefiting from the yen falling against the dollar. | Tokyo's Dax had earlier closed Tuesday up 12 points to 16,451, with analysts saying Japanese shares were also benefiting from the yen falling against the dollar. |
| New York's main Dow Jones index finished Monday in New York up 45 points to 13,567, on optimism about Apple's results before they were released following the close of trading. | New York's main Dow Jones index finished Monday in New York up 45 points to 13,567, on optimism about Apple's results before they were released following the close of trading. |
| Analysts said Japanese shares were also benefiting from the yen falling slightly against the dollar. | Analysts said Japanese shares were also benefiting from the yen falling slightly against the dollar. |
| Markets had fallen sharply on Monday and Friday, after US heavy machinery group Caterpillar said it expected the US economy would be "near to, or even in, recession" next year. | Markets had fallen sharply on Monday and Friday, after US heavy machinery group Caterpillar said it expected the US economy would be "near to, or even in, recession" next year. |