US stocks rally yesterday, with Dow Jones and Nasdaq up 1.03% and 3.61% respecti

All US stocks performed strongly yesterday. The announcement made by US¡¦s biggest semiconductor maker Xilinx that its order status was improved spurred the stock to surge 9.67%, accordingly chip stocks also soared. Tech-heavy Nasdaq composite index also jumped 77.73 pts, or 3.61% to close at 2233.66 pts.

Individual tech stocks saw buying spree, with Cisco System (4333), Intel (4335), Microsoft Corp (4338) and IBM all up US$1.81, US$1.23, US$1.82 and US$3.33 to finish at US%21.54, US$29.73, US$72.6 and US$116.97 respectively.

Dow Jones industrial average index ended at 11175.84 pts, up 114.32 pts, or 1.03%.

US 30-year treasury bonds yield lost 0.032% to close at 5.649%.

Europe stocks also rallied amid the favorable sentiment in US stock markets. UK Financial Times index edged up 66 pts, or 1.13% to close at 5922.5 pts.

German DAX index increased 64.39 pts, or 1.04% to end at 6242.13 pts.

French CAC index gained 83.56 pts, or 1.54% to finish at 5516.27.

London Hong Kong stocks went soft, with HSLRI ending at 13420.63 pts, shedding 31.24 pts over the closing last Friday.

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