Market Update

Europe: Trading was strong after Wall Street's record close Tuesday. Frankfurt's DAX was up 1.2 percent and Paris' CAC rose 0.7 percent. London's FTSE 100 rallied in late trading to end up 0.22 percent. USA: In afternoon trading, the Dow had retreated from its Tuesday high-water mark, up .01 percent at 8,231. The Nasdaq was down 1.5 to 1704.

Europe: Trading was strong after Wall Street's record close Tuesday. Frankfurt's DAX was up 1.2 percent and Paris' CAC rose 0.7 percent. London's FTSE 100 rallied in late trading to end up 0.22 percent. USA: In afternoon trading, the Dow had retreated from its Tuesday high-water mark, up .01 percent at 8,231. The Nasdaq was down 1.5 to 1704.