World Stocks Struggle Back from Two-Month Lows, but Markets Remain on Edge

(From CNBC)

World stocks clawed their way back from two-month lows on Wednesday, though momentum was weak and U.S. futures suggested Wall Street could lapse back into losses after rebounding from the biggest sell-off in six years.

European shares opened firmer after plumbing six-month depths on Tuesday, the tail-end of a sell-off induced by a volatility spike that took Wall Street’s fear gauge, the VIX index, as high as 50, more than three times its closing level last Thursday.

That rout had wiped $4 trillion off world equities and sent investors scurrying for the safety of German and U.S. bonds, briefly reversing the steady rise in global yields.

Click here for article.

Contact Us
You have 0 items in your cart. Proceed to checkout?
Yes, please!