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Global Markets: Stocks fall for sixth day but Italy, euro in mini-bounce

Reuters  |  LONDON 

By Sujata RaoLONDON (Reuters) - Italy's political crisis and renewed trade war fears sent world stocks lower for the sixth day in a row, though hopes that Italy could avoid a new election helped European markets stage a mini-bounce from one of their worst selloffs in years.Investors have in recent days scurried for assets such as U.S. and German bonds or the Japanese yen, spooked by the possibility that Italy, the third-biggest euro zone economy, could deliver a bigger boost to eurosceptic parties in a snap election that sources said could be held by end-July.An election at this point would ...

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First Published: Wed, May 30 2018. 15:15 IST