Today, the highest intraday Dow was up more than 110 points.
U.S. institutional investors market strategist at Cantor Fitzgerald Mark - Pardo (Marc Pado), "said the Portuguese successfully issued bonds on Wall Street today, played a catalytic role."
European stock markets rose Wednesday, a leading banking sector gains. Portuguese government successfully issued 1.25 billion euros (16.2 billion) debt. Portugal, the national debt is considered to be basically a win, but Portugal and other investors in the debt-ridden countries are still worried about the long-term prospects.
Pan-European Dow Jones Stoxx 600 index rose 1%, Spain IBEX 35 index rose 3.6%. Italian stock market have risen, the current increase of 2.8%.
Among the Dow 30 stocks, 29 stocks rose. Dow component JP Morgan Chase (JPM) rose 2.3% after the company CEO said the company in the government and other large financial institutions after the stress test, JPMorgan Chase Bank may pay an annual dividend of $ 1 per share.