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Global stocks rebound as Italian risk ebbs [Reuters (UK)]

MSCI (MSCI)  More Company Research Source: Reuters
Last msci earnings: 8/2 07:03 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
PDF Global stocks rebound as Italian risk ebbs | Reuters 5 Min Read NEW YORK (Reuters) - Global stocks staged a recovery on Wednesday, buoyed by optimism that Italy may avoid a potentially damaging general election. MSCI’s gauge of stocks across the globe .MIWD00000PUS gained 0.67 percent, lifted by a rebound in both Europe and the United States. The recovery was partly driven by news that Italy’s two anti-establishment parties were renewing efforts to form a government, rather than force the country to the polls for the second time this year. The prospect that no government would be formed, leading to elections that could be a referendum on Italy’s euro membership, had sent short-term Italian bond yields up by the most in nearly 26 years. Yet investors were in a buying mood on Wednesday. The Dow Jones Industrial Average .DJI rose 306.33 points, or 1.26 percent, to 24,667.78, the S&P 500 .SPX gained 34.15 points, or 1.27 percent, to 2,724.01 and the Nasdaq Composite .IXIC added 65.86 poin [Read more]

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