European stock markets rebound, oil extends losses
European stocks rallied Tuesday, one day after plummeting due to fears of a Covid outbreak in China and rising interest rates in the United States. In late morning trading, London’s benchmark FTSE 100 index surged 0.9 percent overall, however, HSBC bank shares fell 3.6 percent on reports of lower first-quarter profits. Frankfurt gained 1.2 percent … Read more