Europe Stoxx Bounce on Soothing Words from Central Banks By

© Reuters.

By Geoffrey Smith — Europe’s stock markets bounced sharply at opening on Monday, in the wake of statements from central banks around the world indicating they won’t let panic selling push the world into a financial crisis.

By 3:30 AM ET (0830 GMT), the benchmark index was up 7.6 points or 2.0% at 381.64, while the German was up 1.6% and the was up 2.5%.

To be updated…

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