Stock markets bounce back after heavy losses - business live
(The Guardian Business News)

All the day´s economic and financial news, as shares claw back some of this week´s lossesThursday´s liveblog: FTSE 100 in correction as Wall Street falls again 7.46am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.European Opening Calls:#FTSE 7053 +0.65%#DAX 11685 +1.26%#CAC 5171 +1.26%#MIB 19599 +1.25%#IBEX 9114 +1.17% Related: FTSE 100 falls in second day of global market turbulence Related: Asian markets bounce back after more Wall Street losses - as it happened It was a choppy day yesterday as traders remained cautious about the prospect of higher interest rates in the US, mounting political pressure in Italy, and deteriorating global trading relationships. We saw huge swings in European and US stock markets as traders were battling with the age old emotions of fear and greed.Traders love to snap up relatively cheap stocks, but sharp moves to the downside have left some traders worried this could be the beginning of a major decline. Stocks in Europe and the US finished the day firmly in the red. Continue reading...