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World shares up almost 0.5% after worst week since January 2016

Wall Street's equity volatility gauge, the VIX - the spike in which had kicked off the ructions - was at 26.5%, easing off Friday's 29% close

Reuters  |  London 

World shares climbed half a percent on Monday, attempting to brush off fresh rises in global bond yields while equity futures also pointed to a firmer session on Wall Street which suffered its worst week in two years. A higher Friday close for New York stocks following a week of "vol" induced selling, lifted markets in Asia and Europe, helping MSCI's all-country index rise off four-month lows, while European shares firmed 1.4 percent after touching six-month troughs last week. Wall Street's equity volatility gauge, the VIX - the spike in which had kicked off the ...

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First Published: Mon, February 12 2018. 19:47 IST
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