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03 May 05: European Stocks Higher Midday


European share prices are higher in midday trading Tuesday.

London's Financial Times index is up 56 points at 4,858.

The CAC-40 in Paris is 15 points lower at 3,954, and the DAX index in Frankfurt is up 16 points at 4,240. The S&P futures contract is down about two points, indicating a slightly lower opening for U.S. stocks.

Japanese markets are closed most of this week for a national holiday. Trading will resume on Friday.

Hong Kong's Hang Seng index closed down 15 points at 13,894.

The price of gold in London is $429.20 an ounce, down $6.50 from late Friday -- the last day of trading before Monday's holiday.

The dollar in London is mixed against other major currencies.

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