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MSCI global stocks up 0.25% as Europe, Japan rise; bond yields edge higher

Yields on Germany's 10-year government bond, the euro zone benchmark, were around 0.69%, having plunged to 0.66% on Tuesday

Reuters  |  London 

World stocks clawed their way back from two-month lows on Wednesday, though momentum was weak and US futures suggested Wall Street could lapse back into losses after rebounding from the biggest selloff in six years. European shares opened firmer after plumbing six-month depths on Tuesday, the tail-end of a selloff 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 US ...

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First Published: Wed, February 07 2018. 18:27 IST