European stock markets were steady Thursday after sizable falls in Asia earlier as investors continued to worry that a global economic recovery later this year — the main driver behind the rally since March — could be choked off at birth by rising interest rates and oil prices.
World markets steady on US recovery optimism
Assurances from the Federal Reserve that the U.S. economic recovery is still on track helped support world markets Thursday, despite some bleak economic data from post-earthquake Japan.
Stock Futures: Feb. 24
Stock futures pointed to a mixed open Thursday, following another steep selloff, as investors feared that climbing oil prices could derail the economic recovery.
World stocks hit 30-month high
World stocks hit a 30-month high on Thursday, driven by strong corporate earnings and cautious optimism on the U.S. economic recovery from the Federal Reserve, while oil prices edged
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