Tuesday, July 31, 2007

GLOBAL MARKETS-Stocks rally sharply as credit market calms

(Reuters) - LONDON, July 31 - Stocks around the world bounced
back sharply on Tuesday as volatile credit markets stabilised
and after Wall St took heart from still-brisk corporate earnings
growth and the smooth wind-up of another troubled hedge fund.




Europe's benchmark index rebounded after five
straight days of losses and gained more than one percent in the
first few minutes of trading. Bourses in London ,
Frankfurt and Paris added 1 percent or more.


Read more at Reuters.com Bonds News

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