ISM Non Manufacturing Index Is Good &Nbsp; Dow Rose 1.8% On Tuesday.

As of 4:00 pm Eastern time,

On Tuesday, the US central bank closed up 193.45 points, or 1.80%, to a five month high on Tuesday.

On the disk side, the energy and means of production led the sector.

The market expects the central bank's policy to improve, and the European stock index reversed six consecutive trading days, while the pan European Dow Jones index closed at 261.18 on Tuesday, or 1.3%.

The index has fallen by about 2.4% in the past six trading days.

Crude oil rose $1.35 to $82.82 on Tuesday, or 1.7%, the highest since May.

Gold prices rose another 23.5 to 1338.9 US dollars, or 1.8%.

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economic data

At 10:00 a.m. Eastern time, data released by the US Supply Management Association (ISM) on Tuesday showed that the ISM non manufacturing index was 53.2 in September, higher than the 52 expected by economists.

In August, the index was 51.5 points.

Company news

The company is preparing to cancel a plan to build a joint venture with BHP Billiton in Australia for a $116 billion iron ore joint venture.

The two sides planned to merge mines, railways and ports in the Pilbara area of Western Australia, which is expected to save at least $10 billion in cost, but this is opposed by Eurasian steelmakers.

A court in Paris, France, ruled on Tuesday that Jerome Kerviel, a former trader at the Bank of France, was sentenced to three years in prison and to compensate for the loss of 4 billion 900 million euros ($6 billion 800 million) in faxing bank. Coover,

Reported that GM IPO fund-raising will be less than expected, and led to the value of the United States government holding shares of the company shrink.

Due to fierce competition in the market, GM will face more difficulties in its long-term strategy. GM's market value will be reduced from the current US $70 billion to US $60 billion after IPO.

Grupo Televisa of Mexico will contribute $1 billion 200 million to help American Broadcasting Company Univision to recapitalise. The two companies will extend the programme usage agreement from 2017 to 2020, or even extend to 2025.

The latest news of BHP Billiton's acquisition of Potash shows that the Saskatchewan adviser urged the Canadian province not to obstruct BHP Billiton's acquisition of Potash, and said that the bid offered by China might be more unfavorable to the budget of the province.

Visa and Master Card Inc (NYSE:V) reached a conciliation with the Attorney General of the US Department of justice and the 7 states on Monday and incorporated the antitrust investigation into their commercial acceptance rules. The pport general said that it would continue to compete with the anti trust cases of the relevant business contracts in the case of NYSE:MA.