European, Asian markets rebound despite US losses

LONDON: European and Asian stock markets rebounded Friday as expectations of a recovery on Wall Street prompted investors to scoop up battered financial and energy shares. The FTSE 100 index of leading British shares was up 42.78 points, or 1.1 percent, at 3,917.77, while Germany’’s DAX was 46.59 points, or 1.1 percent, higher at 4,266.79.

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