The following is an excerpt from CHRISTOPHER WHITTALL and RIVA GOLD | October 21, 2015 | WSJ.com |
Global equities markets edged higher Wednesday amid lingering concerns over global growth and central bank policy.
Futures markets pointed to a 0.4% opening gain for the Dow Jones Industrial Average and a 0.5% rise for the S&P 500. Changes in futures aren’t necessarily reflected in market moves after the opening bell.
The Stoxx Europe 600 stock index was up 0.2% midway through the session, recovering from earlier losses after a sharp late fall in Chinese shares.
Stock markets have been volatile since fears emerged over global growth after China weakened its currency in August. Data released Monday showed the Chinese economy grew 6.9% in the third quarter. While the figure was better than expected, it marked the slowest rate of expansion since 2009.
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