Wall Street earnings are strong in the second quarter for US business giants Alcoa and CSX, helping the stock markets rise on Tuesday.
BMW raised its sales and earnings forecasts for 2010 on Tuesday. BMW cited a recovery in global markets and strong demand for new models.
Currency charts: China’s yuan strengthened Monday, but the euro faltered. Dow average slipped 8 points.
Despite the ongoing concerns, major European indexes snapped back after big losses Tuesday.
European stock markets fell again and the American stock market opened lower over European worries on Monday.
The stock market rebounded somewhat Friday morning after news that the German parliament approved that country's portion of a large European bailout.
World markets responded positively Monday to new initiatives emerging from meetings in Washington and Paris.
France, Ireland, and Denmark are in recession. Others teeter on the edge.