european stocks: After a partial recovery in Asian shares overnight, European stocks opened higher, with the pan-European STOXX 600 up 0.9 per cent on the day, according to Nine News Australia. Germany's DAX up 1.1 per cent while Britain's FTSE 100 gained 0.4 per cent. To improve your experience update it here News World World shares set for worst week since Feb7 40pm Oct 12, shares were having their best day in nearly a month on Friday as European and Asian markets recovered from a brutal selloff that still left them set for their worst week since February. S&P stock futures pointed to a rebound in U.S. stocks later in the day, while the VIX volatility index climbed down from an eight-month high. Some traders are cautiously buying back into the market today, but the underlying issues which brought about the sell-off are still relevant, said David Madden, markets analyst at CMC Markets in London. The MSCI All-Country World index, which tracks shares in 47 countries, was up half a per cent on the day.
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