Markets in Europe rose sharply at 4:40 AM New York time.
The FTSE was up 3.3% to 5,678. Barclays (NYSE: BCS) was up 10.2% to 472.75. Lloyds was up 7.1% to 465.
The DAXX rose 3.2% to 6,519. Deustche Bank (NYSE: DB) was up 5% to 73.78 marks. Siemens (NYSE: SI) was up 2.5% to 58.7.
The CAC 40 traded up 3.2% to 4,680. Alcatel-Lucent (NYSE: ALU) was up 4.7% to 3.54 francs. AXA (NYSE: AXA) was up 4.6% to 22.05.
Data from Reuters.
Douglas A. McIntyre is an editor at 247wallst.com.










