
European equity bourses are extending gains with banks and defensive
stocks leading the charge as Wall Street moves higher. S&P-500
index has broken key resistance at 985.0 and now threatening to break
above 1000.0 level. Xetra-DAX has broken above 5,200 and hitting 16-day
highs -- currently at 5,205, up 180pts (+3.56%), CAC-40 is up 125pts
(+3.52%) and FTSE-100 is up 142pts (+3.19%).