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The gains outside Europe suggest investors there have started to put aside some of their unease about Europe and focus on continuing signs of strength in Asia and the U.S. In New York Tuesday, the Dow Jones industrials climbed 2.1 percent to 10,404.77
-- its highest close since May 19 -- after Boeing Co. said it was boosting production and an industry group forecast that demand for computers would increase. The broader Standard & Poor's 500 index advanced 2.4 percent to 1,115.23, and the tech-dominated Nasdaq composite index surged 2.8 percent to 2,305.88. In Tokyo trade, Japanese exporters benefited from a weaker yen against the euro. Canon Inc. jumped 3.9 percent and Sony Corp. added 1 percent. Nintendo Co. surged 5.2 percent after the company unveiled a 3-D version of its popular handheld gaming device. In an effort to stay ahead of its rivals, Nintendo also announced Tuesday updates to classic game franchises like "Donkey Kong" and "Kirby" at the E3 Expo in Los Angeles.
Higher commodities prices sent resource names higher in Australia, with miner BHP Billiton Ltd. gaining 2.1 percent. In currencies, the dollar rose to 91.68 yen from 91.52 yen in New York late Tuesday. Benchmark crude for July delivery was down 20 cents at $76.73 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose $1.82 to settle at $76.94 on Tuesday.
[Associated
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