OREANDA-NEWS. September 27, 2011. US stocks slightly rose on Monday with Financials (+4.2%) and Oil&Gas (+3.52%) as the leaders. S&P 500 index rose by 2.33%, Russell 2000 Index – by 2.02%. VIX was down by 5.41% to 39.02. Rumors on EFSF extension and making it ECB leveraged supported markets.

New home sales were slightly down by 2.3% to 295K, below consensus of -1.7%.

Chicago & Dallas manufacturing indices were down, indicating increased weakness in US economy in September.

EURUSD closed near 1.35.

Asian stocks jumped on Tuesday as risk appetite was seen at most markets. S&P/ASX rose by 3.64%. Korean Kospi was up by 5.02%. Hang Seng jumped by 3.59%. Shanghai stock indices were up down on average by 0.8%.

The European stock indices futures rose in the morning - Dow Jones Stoxx 50 futures was up by 2.7% while Dax added 3.07%. S&P futures added 0.88%.

In the US, S&P/Case-Shiller home prices for July and CBOT Consumer Confidence for September will be in focus.