Risk aversion resurfaces as virus concerns return Rising infections in India rattle energy markets Bond traders eagerly await 20-year Treasury auction
LONDON, April 21 (Reuters) - Global stocks gained on
Wednesday as early indications of a rebound in European
corporate earnings offset concerns over rising COVID-19
infections in Asia that have dampened oil prices.
The STOXX index of 600 European shares was up 0.7%
at 436.76 points. Analysts said a 1.9% fall on Tuesday, its
worst session this year, was overdone and the benchmark remains
near its record high of 443.61 points hit on Monday.
MSCI s index of global shares fell 0.2%. It
too had reached record highs on Monday.