Europe Markets Make Solid Gains

Canada shares follow Wall Street higher; Asia stocks climb at close

Canada's benchmark TSE 300 managed to close up 33.4 points to 6832.40 after a very choppy day. U.S. indices fell after the as-expected FOMC announcement of a 50-basis-point rate cut, but stocks bounced back to close on a strong note and this was a support for the TSE 300. Of the 14 subindices, seven closed up -- lead by Utilities and Oils, while Conglomerates and Communciations issues lead the other seven subindices lower.

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