European stock markets finished higher, buoyed by gains in U.S. markets. London's FTSE index finished up 70.10 points, or 1.81%, to 3,940.30. The biggest contributors to the advance in the FTSE included HSBC Holdings, BP-Amoco, Barclays, Lloyds, Royal Bank of Scotland, and Vodafone. In Frankfurt, the DAX index added 115.69 points, or 4.08%, to 2,953.92. Siemens, E.ON, Allianz, Deutsche Bank and DaimlerChrysler were among the issues leading the way higher. In Paris, the CAC 40 index finished higher by 82.83 points, or 2.89%, to 2,949.57.
Canada's benchmark S&P/TSX rose 26.97 points, or 0.41%, to 6,548.66.