Investors remain optimistic that a lasting solution to the eurozone debt crisis will be announced this week. Meanwhile, the European Central Bank is widely expected to cut interest rates at its policy meeting Thursday. Shares of Taiwanese phone maker HTC were sharply lower ahead of a ruling on a key Apple patent suit. The dollar gained strength against the euro, but fell versus the euro and the Japanese yen. Europe stocks open higher on bailout fund repo.
Wednesday, December 7, 2011
Ended mostly higher
Investors remain optimistic that a lasting solution to the eurozone debt crisis will be announced this week. Meanwhile, the European Central Bank is widely expected to cut interest rates at its policy meeting Thursday. Shares of Taiwanese phone maker HTC were sharply lower ahead of a ruling on a key Apple patent suit. The dollar gained strength against the euro, but fell versus the euro and the Japanese yen. Europe stocks open higher on bailout fund repo.
