Global markets buoyant as U.S. stimulus package debate looms
By Tom Arnold and Kane Wu
Reuters
LONDON (Reuters) - Global stock markets gained for a second day on Tuesday, spurred by increased optimism about economic stimulus and global recovery, while retail investors retreated from GameStop and their new-found interest in silver.
Positive momentum from Asia carried through to Europe, with the pan-European STOXX 600 edging up 0.9%.
Shares in BP lost 3.8% after it plunged to a $5.7 billion loss last year, its first in a decade.
MSCI's world equity index, which tracks shares in 49 countries, was 0.4% firmer after posting its strongest day in three months on Monday.