Around the World's Markets: New York

US STOCKS rose, led by financial services companies such as JP Morgan, on optimism that an aid package for Brazil will shore up that economy and stave off damage to banks that do business in Latin America.

The Dow Jones Industrial Average gained 89.95, or 1 per cent, to 8919.59. The Standard & Poor's 500 Index rose 8.03, or 0.7 per cent, to 1125.72. The Nasdaq Composite Index declined 3.08 to 1847.98, pulled down by Dell Computer Corp.