European markets closed higher, following U.S. equities' gains. In London, the Financial Times-Stock Exchange 100 index climbed 154.40 points, or 4.18%, to 3,850.60. The rising U.S. market overshadowed a report that UK second quarter business investment has hit its lowest level since 1997, according to S&P.
In France, the CAC 40 surged 176.08 points, or 6.32%, to 2,961.46, even though French business confidence dropped in September. And in Germany, the DAX Index was higher by 58.10 points, or 1.96%, to 3,020.60.
In Asia, the markets finished with gains. The Nikkei climbed 1555.51 points, or 1.70%, to 9,320.92, taking a cue from the rebound in U.S. equities. Speculation the Japanese government would step up its measures against non-performing loan problems and deflationary pressures also boosted the market.
In Hong Kong, the market added 145.80 points, or 1.60%, to 9,270.71.