Europe stocks also rose although Fitch Ratings on Dec. 19 lowered France’s credit outlook and put the grades of nations including Spain and Italy on review for a downgrade, citing Europe’s failure to find a “comprehensive solution” to the debt crisis. European stocks rose this week as reports showing a decline in U.S. jobless claims and increases in consumer confidence and durable-goods orders spurred optimism that the world’s biggest economy is strengthening.
Average for G-20 members growth is -13%, better than last week -15%. It’s only less than one week to finish 2011. Hope Santa will give a better optimism.