Stock market indices on Wall Street rose after the retail chain Macy's posted better earnings for the third quarter which led to the expectation that the holiday shopping season will bring good profits.The Dow Jones jumped to 0.45%, the S & P 500 index rose 0.81% while the Nasdaq composite index rose 1.16%.

Investors are encouraged better than expected quarterly operating results store chain Macy's and the price of stocks jumped more than 9 percent because good results may mean that spending strengthened ahead of the holiday shopping season .

European market indices have sharply risen after the release of mixed economic reports from Germany and France. Euro STOXX 50 jumped 1.11% and France's CAC 40 was higher by 1.14% . The British FTSE 100 rose 0.41% , while the German DAX 30 strengthened by 0.71 %

Asian stock market indices have risen because of the hope that it will continue the Fed's monetary stimulus raises the value of global action. Japan's Nikkei 225 index was strengthened by 2.12%, while ASX/200 index climbed 0.68% .