(index / closing price / change items /% change)

Nikkei 225 17,407.62 +50.11 +0.29%

Hang Seng 23,843.91 -49.23 -0.21%

Shanghai Composite 2,567.6 +34.72 +1.37%

FTSE 100 6,731.14 +1.35 +0.02%

CAC 40 4,382.31 +13.87 +0.32%

Xetra DAX 9,861.21 +75.67 +0.77%

S&P 500 2,067.03 -2.38 -0.12%

NASDAQ Composite 4,758.25 +3.36 +0.07%

Dow Jones 17,814.94 -2.96 -0.02%

Stock indices closed higher on upward revision in U.S. third-quarter GDP and a rally of Germany's DAX. The U.S. revised GDP (gross domestic product) grew 3.9% in the third quarter, higher than the previous estimated growth of 3.5%.

Germany's DAX increased after Germany's final GDP. Germany's final GDP grew 0.1% in third quarter, in line with expectations.

The Organization for Economic Cooperation and Development (OECD) released its economic outlook report on Tuesday. OECD said that the slowdown in Europe is dragging down the global economy. OECD also said that the European Central Bank should implement quantitative easing measures.

The Bank of England (BoE) Governor Mark Carney testified in front of the Treasury Select Committee. He said that the economy in the U.K. faces risks from geopolitical tensions and a slowdown of global growth. Carney reiterated that inflation in the U.K. could fall below 1% in the next few months.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,731.14 +1.35 +0.02%

DAX 9,861.21 +75.67 +0.77%

CAC 40 4,382.31 +13.87 +0.32%

U.S. stock futures rose as the economy expanded more than previously forecast in the third quarter amid bigger gains in consumer spending and business investment.

Global markets:

Nikkei 17,407.62 +50.11 +0.29%

Hang Seng 23,843.91 -49.23 -0.21%

Shanghai Composite 2,567.6 +34.72 +1.37%

FTSE 6,744.72 +14.93 +0.22%

CAC 4,395.45 +27.01 +0.62%

DAX 9,907 +121.46 +1.24%

Crude oil $75.97 (+0.22%)

Gold $1192.20 (-0.30%)

(company / ticker / price / change, % / volume)

Upgrades:

Apple (AAPL) target raised to $130 from $115 at Stifel

Downgrades:

Other:

United Tech (UTX) upgraded from Market Perform to Outperform at Wells Fargo

European indices extend highs in today's trading session. The FTSE 100 index is currently trading higher 0.12% at 6,737.53 points, France's CAC 40 is up +0.62% currently quoted at 4,395.37 points and Germany's DAX 30 booked the biggest gains trading +1.03% at 9,885.97 points. The DAX successfully breached the 9825 resistance level and is heading for the highest close since July, after its rebound from a one-year low in October. Data on German GDP was in line with expectations reading +0.1% on a yearly and +1.2% on a quarterly basis.

European stocks started slightly positive near two-month highs. Final reading on German GDP data showed growth was in line with expectations on a yearly and quarterly basis reading +0.1% and +1.2%. Investors are awaiting data on U.S. economic growth and consumer confidence published today beginning at 13:30 GMT.

The FTSE 100 index is currently trading little changed at -0.02% at 6,728.18 points, Germany's DAX 30 is up +0.16% trading at 9,8011.80 points and France's CAC 40 lost -0.08% currently quoted at 4,377.66 points.

The DOW Jones and S&P 500 were trading higher again in Monday's trading session. The DOW Jones closed at 17,817.90, adding a small plus of +0.04%, the S&P500 was up by +0.29% closing at 2,069.41 points, both extending record closings on signs that U.S. economy is recovering, Mario Draghi's pledge to raise inflation as fast as possible and People's Bank of China's unexpected cut in benchmark interest rates. Markets are anticipating data on U.S. economic growth and consumer confidence published today.

Hong Kong's Hang Seng is trading -0.31% at 23,817.97. China's Shanghai Composite closed at 2,567.60 points, a gain of +1.37%.

Japan's Nikkei, after being closed on Monday for a public holiday, added 0.29% closing higher at 17,407.62 points catching up with the rest of the region.