US SHARES END ON A HIGH AS EUROPEAN STOCK MARKETS REBOUND (STA BREAKING NEWS and ARCHIVES)

by STANews , Friday, October 17, 2014, 17:59

Shares in Europe and US have rebounded after a turbulent week in which stock markets tumbled to multi-month lows.

On Friday US stocks closed more than 1% up, with the S&P 500 posting its biggest gain in more than a week.

Europe's main indexes closed higher, having fallen sharply over concerns that the global economic recovery was running out of steam.

Despite the rises, Charles Stanley's Jeremy Batstone-Carr saying: "I'm not sure we're out of the woods."

MORE...

http://www.bbc.com/news/business-29656262