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(Open): US shares continued on their upward path after Tuesday's strong gains, following upbeat job data and a further fall in the price of oil.

The Federal Reserve stepping in to add more liquidity to financial markets - including offering funds to commercial banks - also buoyed investors.

The Dow Jones industrial average rose 122.62 points, 1.1% at 11,520.18, while the Nasdaq gained 0.4% to 2,329.2.

The slide in oil reduced fears about inflation and the impact on consumers.




MARKET DATA - 11:37 UK

FTSE 100
5428.78up
22.84 0.42%
Dax
5732.06up
18.55 0.32%
Cac 40
3783.91up
14.37 0.38%
Dow Jones
10403.79up
78.53 0.76%
Nasdaq
2273.57up
35.31 1.58%
Data delayed by at least 15 minutes

Dow Jones 15 min delay
Dow Jones intraday chart
value
change
%
10403.79
78.53
up
0.76
Top winner and loser
Intel Corp.
20.87
0.34
up
1.66
General Electric Co.
15.90
0.16
down
1.00

Nasdaq 15 min delay
Nasdaq intraday chart
value
change
%
2273.57
35.31
up
1.58
Top winner and loser
Osi Pharmaceuticals Inc.
56.25
19.23
up
51.94
Shanda Games Ltd. ADS
6.81
1.46
down
17.65

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