US indicators demonstrate a growth after France and Germany agreed to increase the European Financial Stability Facility to 2 trillion euro on November 18, RIA Novosti reports.
Dow Jones increase by 1.58% to 11577.05, Nasdaq – by 1.63% to 2657.43, S&P 500 –by 2.04% to 1225.38.
Increase of the European Financial Stability Facility will be part of the plan to cope with the European crisis.
The facility had its authority expanded last week, with its volume rising from 250 billion euro to 440 billion.
Investors expect the Bank of America to pay of from the measures, Eric Teal, investor of First Citizens Bancshares Inc., told Bloomberg.
Gazeta.ru reported that December futures for Brent oil at the ICE stock market of London increased in price by $0.99, making $111.15 per barrel. NYMEX had an increase in price for November futures for Light Sweet Crude Oil by $1.96 reaching $88.34 per barrel.
