DEBORAH MARCHINI, CNN ANCHOR: Now, Liz George is standing by at the London Stock Exchange, and we've got some pretty tepid rallies going in the European markets today, Liz. What's going on?</s>LIZ GEORGE, CNN CORRESPONDENT: We have certainly, but I'm standing here with a big smile on my face, Deb, because at least we've got some plus signs going on in the European markets, which is something we haven't really seen for the last five sessions. Let me first of all show you the technology stocks. It's really where the -- where this sort of this mild rally -- can we call it -- is going on. The Tech Stoxx index, now this of course, don't forget, was down at the lowest levels that we saw yesterday since December 1998. It's beginning to pull itself back a little bit. It's up around about 1 percent right at the moment. And really this rally is going on despite some gloomy news. Some gloomy news came out of the U.S. overnight on Corning. But also Alcatel, of course, said that it was shedding 2,500 more jobs. But despite that, even Alcatel is not doing too badly. Baltimore -- also another company here in the UK. It's CEO has resigned, and that has helped it to bring its stocks up. Baltimore, of course, one of those members of the</s>MARCHINI: All right, thank you, Liz.
European Markets Rally in Tech