Markets pm: Wall St forges ahead as GM files for bankruptcy, Dol...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/QM42II/HVP7G/TKDUIO/5AQYP/   Markets afternoon briefing Monday June 01 2009 FT.com - Financial Markets News   Wall St forges ahead as GM files for bankruptcy US stocks gained strongly at the opening bell on Monday even as General Motors filed for bankruptcy and a judge ruled in favor of a sale of most of Chrysler's assets to Italian carmaker Fiat http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/HVL0W/VU/h   Dollar suffers as risk appetite soars The dollar took a battering on Monday as hopes of a recovery in the global economy prompted a large increase in risk appetite, which drove equity and commodity prices sharply higher http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/UIZDJ/VU/h   Oil prices hit seven-month highs Crude oil and gold prices soared on Monday as the weakness of the US dollar, which hit a five-month low against the euro, and signs that the worst of the economic crisis, particularly in Asia, is behind, prompted investors to buy commodities http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/X95QT/VU/h   Chinese data energises Europe's shares Europe's miners and metal producers were lifted on Monday after data from China showing it's resource-hungry manufacturing sector continued to expand in May http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/61QP8/VU/h   FTSE's extends rally as optimism builds London equities continued to make progress strong on Monday, with growing optimism about the prospects for a global recovery helping extend May's strong run on the FTSE 100. http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/C8NB7/VU/h   Asia markets jump to eight-month highs Asian stocks and the Australian dollar jumped to eight-month highs on Monday after a gauge of China's manufacturing activity offered fresh evidence of a recovery in the world's third-largest economy http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/O4OME/VU/h   China's manufacturing continues to expand China's manufacturing sector continued to expand for the third straight month in May, a sign that the government's stimulus package is starting to have an impact and the recovery is likely to broaden http://link.ft.com/r/QM42II/HC6MZ/EDUN6/G62K0/C8NGM/VU/h   FT.com - In depth MPs' expenses Oil Swine flu European elections 2009 Detroit in distress Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds © THE FINANCIAL TIMES LTD 2009 ABOUT THIS EMAIL You have received this email because you have signed up for this keyword/company alert on FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.