There’s nothing like a U.S. market surge...

There’s nothing like a U.S. market surge to get the rest of the world back in a bullish mood. The Dow Jones industrials’ stunning rebound of 3.8% last week--a rise of 206.77 points to 5,679.83 at Friday’s close--sparked stock rallies abroad as well. Mexico’s key share index rocketed 6.6% for the week, Britain’s jumped 2.6%, Hong Kong’s gained 2.4% and Canada’s was up 1.7%. The U.S. rally was fed by tumbling interest rates after government data confirmed that the economy slowed a bit in July. Even though rates worldwide don’t necessarily move in lock-step, stock investors naturally feel better when the rate outlook in the world’s biggest economy turns more accommodating.