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The Dow Jones Industrial Average has topped the 10,000 jot for the 1stperiod in a year.

Jones industrial mean go the first time this year to reach 10,000 points.

Analysts mention the 10,000 mark may be in the July-to-September quarter.

The Dow closed up 144.8 by 10,015.86, its highest since October 2008.

But journalists say the Dow is still distant off its all time highs andthe USeconomic has a long way to work before there is real resumption.

Earlier, European markets had also closed higher GucciBelts, with banking stocks leading the way up.

'Largely psychological '

The BBC's Michelle Fleury in New Yorksays namely a year antecedent major banks were struggling beneath the weight ofcolossal credit losses and the USgovernment was doing its best to avert an always out collapse of the fiscalsystem.

Stocks persisted to fall. They kick a 12-year cheap early in March beforestaging their comeback.

Analysts said the latest ascend in the Dow could encourage extra investorsinto the market.

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The Nasdaq also rose 32 points to 2,172.23, when the Standard & Poor's500 ascended 18.83 points to 1,092.02.

JP Morgan Chase is the first big US bank to report third quarterresults.

The second-biggest USbank made a net income of $ 3.6bn (£ 2.5bn) gucci men casual leather shoes, comparedwith $ 527m in the same duration of 2008.

Strong extravaganza in its investment banking department cancelled outlosses above credit cards and consumer loans.

On Thursday, Goldman Sachs is expected to proclaim hefty (important)profits Gucci outlet online,but Citigroup is promising to post a wastage.

Bank of America is also expected to have made a loss while it announcesits third quarter results on Friday.

Chinese exports amplify

Earlier on Wednesday, London's FTSE 100 hadrisen 2% to close at 5,256.1, while France'sCac 40 index and Germany'sDax either also saw acquisitions of more than 2%.

Banking stocks were amid the altitude risers, with Barclays up 6.6%,Societe Generale climbing 4.7% and Deutsche Bank adding 4.2%.

Markets were moved higher at lawful export diagrams from China gucci men fashion shoes, which recommendedthat economies in the rest of the globe were improving.

Chinese exports fell to $ 115.9bn (£ ; 73bn) in September, which was down15.2% from the same month final annual, merely was the smallest fall in ninemonths.

Dong Tao, an economist at Credit Suisse in Hong Konggucci women sandals, said he expected exports to increasein the afterward pair of months.

he said.