Global Stocks Stabilize After Steep Selloff

By Anonymous

Markets across Asia and Europe rise, with U.S. futures pointing to gains on Wall Street

Global stocks steadied Friday, calming jittery investors who had been weighing whether this week’s deep selloff was the beginning of a broader downturn or simply a two-day blip.

Equity markets from the U.S. to Asia have suffered the biggest shakeout since February on concerns around the steep rise in bond yields and escalating trade tensions between the U.S. and China.