European stocks climb, euro steadier

European stocks climb, euro steadier

European stocks rose Tuesday but gains were capped by Europe’s worsening energy crisis, economic slowdown fears and central bank efforts to contain surging inflation. Frankfurt, London and Paris equities carved out gains nearing the half-way stage, despite poor...
Most markets bounce after Powell-induced sell-off

Most markets bounce after Powell-induced sell-off

Markets mostly rose Tuesday on bargain-buying following the latest sell-off, but confidence remains at a premium as traders contemplate the prospect of more Federal Reserve interest rate hikes and a possible recession. Wall Street suffered another day in the red after...