Europen Stock Markets Rise Sharply, Asian Markets Reverse Early Losses

Europe’s bourses were up sharply while Asian markets swung higher after early losses Friday, as investors overcame initial turbulence brought on by the European Central Bank's (ECB) announcement of additional stimulus measures.

In Europe, Germany’s DAX led the way, up 2.23 percent in morning trade on the last trading day of the week. France’s CAC 40 was up 1.9 percent while the FTSE 100 in London was up 1.74 percent. The pan-European Stoxx 600 was higher 1.80 percent.