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Stock impact report

European shares bounce after worst session in two months; UMG soars in debut [Financial Post (Toronto, Ontario, Canada)]

INTL CONSL AIRLNS S/ADR (ICAGY) 
NASDAQ:AMEX Investor Relations: iagshares.com
Company Research Source: Financial Post
at China's Evergrande, while music label Universal Music Group soared 38% in its stock market debut. The pan-European STOXX 600 was up 0.9% by 0743 GMT after sinking to a two-month low in the previous session. Still working from home? Here's how to get a tax break Advertisement Media, mining and energy stocks led early gains, while Germany's DAX rebounded from its lowest level since late-July. U.S. stock futures also bounced a day after global markets were roiled by concerns the potential default by Evergrande, the world's biggest property developer, could hurt China's real estate sector, banks and the global economy. Advertisement Article content Evergrande, struggling for cash, owes $305 billion. Focus this week is also on policy meetings at a slate of central banks, including the U.S. Federal Reserve, with investors expecting some of them to indicate they were ready to ease their pandemic-era stimulus to combat high inflation. “Concerns about Evergrande remain b Show less Read more
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