Bloomberg News

Stocks, Euro Extend Gain as German Lower House Approves Bailout

October 26, 2011

Oct. 26 (Bloomberg) -- European stocks, U.S. index futures and the euro extended gains, while Treasuries slid, after Germany’s lower house of parliament approved plans to increase the capacity of the European bailout fund.

The Stoxx Europe 600 Index climbed 1 percent at 9:18 a.m. in New York, futures on the Standard & Poor’s 500 Index added 1 percent and the euro strengthened 0.4 percent to $1.3959. Ten- year Treasury note yields rose five basis points to 2.16 percent.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


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